Binani Cement Ltd (BCL) is planning to invest USD 125mn (approx INR 600cr) in its Chinese subsidiary Shandong Binani RongAn Cement Co Ltd for increasing the cement manufacturing capacity from 0.50-million MT to 3-million MT.

Already the land acquisition and project design and engineering works are in progress. The plant is expected to be commissioned by the first quarter of FY11. The company is looking to sell 50 per cent clinker/cement in the domestic market and export 50 per cent of the produce.

BCL is also involved in the expansion of its grinding unit in UAE and is also setting up the first cement unit in Mauritius. With a capex  plans of INR 1700cr to be spent in the next 2-3 years, BCL is planning for greenfield expansion in Gujarat, grinding unit in Mauritius, expansion in China & mine development in Nimbri Chandawatan, Rajasthan.