Indian power company NTPC seeks partners to build cement plants

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India: NTPC is looking for cement producers to help it build cement plants to take advantage of its fly ash and electricity. The power generation company is asking cement producers to submit expressions of interest for partnerships to build 1Mt/yr cement plants near its power stations, according to the Times of India. Partners will have to source their fly ash from NTPC but will be responsible for marketing their own products. NTPC has previously tried to enter the cement market since 2008 with both partners including the Cement Corporation of India and on its own. It produces 65Mt/yr of fly ash.

Last modified on 22 February 2017


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