Saraswati Power & Industries is planning to invest Rs. 35274 million to set up a cement plant in villages Vemavaram, Tangeda, Chennayapalem in Dachepalli & Machhavaram in Guntur district of Andhra Pradesh. The project involves setting up of Integrated Cement Plant (Clinker, 5.0 MTPA; Cement, 7.0 MTPA) and a captive power generation unit of 100 MW. Raw materials - Bauxite (0.0825 MTPA) from Rajamundry, East Godavari. Iron ore (0.125 MTPA) from Bellary A.P., Gypsum (0.025 MTPA) from M/s Coromandal Fertilizers A.P., fly ash (1.5 MTPA) from Vijaywada TPS and Coal (1.15 MTPA) from Singareni Collieries will be used.