JSW Cement plans to invest in greenfield plants in MP and UP
Cement

JSW Cement plans to invest in greenfield plants in MP and UP

JSW Cement is planning to invest over Rs 3,200 crore to establish an integrated greenfield cement manufacturing facility in Madhya Pradesh and a split grinding unit in Uttar Pradesh. The combined cement capacity of these units will be 5 million tonne per annum (mtpa).

The announcement comes a day after the company picked up India Cements’ Madhya Pradesh unit for Rs 477 crore.

With this, JSW Cement will have access to limestone reserves of about 106 million tonnes, including a mining lease valid until 2065. The limestone mine is spread over about 500 hectares in Panna District of Madhya Pradesh, it said.

The company has also secured most of the regulatory approvals for mining operations and is pursuing requisite approvals for setting up the integrated cement manufacturing facilities.

JSW Cement’s integrated manufacturing facility will be located adjacent to this mining reserve.

Parth Jindal, managing director, JSW Cement said the strategic investment marks the company's entry into central Indian market and is one of the biggest investments in India made through the Group's cement business.

JSW Cement is planning to invest over Rs 3,200 crore to establish an integrated greenfield cement manufacturing facility in Madhya Pradesh and a split grinding unit in Uttar Pradesh. The combined cement capacity of these units will be 5 million tonne per annum (mtpa). The announcement comes a day after the company picked up India Cements’ Madhya Pradesh unit for Rs 477 crore. With this, JSW Cement will have access to limestone reserves of about 106 million tonnes, including a mining lease valid until 2065. The limestone mine is spread over about 500 hectares in Panna District of Madhya Pradesh, it said. The company has also secured most of the regulatory approvals for mining operations and is pursuing requisite approvals for setting up the integrated cement manufacturing facilities. JSW Cement’s integrated manufacturing facility will be located adjacent to this mining reserve. Parth Jindal, managing director, JSW Cement said the strategic investment marks the company's entry into central Indian market and is one of the biggest investments in India made through the Group's cement business.

Next Story
Infrastructure Urban

EHRDC, Keolis MHI Enhance National Workforce Training in Transport

The Emirates Human Resources Development Council (EHRDC) has extended its partnership with Keolis MHI, the operator and maintainer of Dubai Metro and Dubai Tram, to provide high-quality training sessions for university students and Higher Colleges of Technology (HCT) students in Dubai. This initiative seeks to equip students with practical skills and empower them to enter the job market with confidence and competence. The collaboration aligns with EHRDC’s unwavering commitment to empowering and qualifying Emirati talent while boosting their role in driving the country’s digital economy. I..

Next Story
Technology

Lubrizol Amplifies India Commitment with Local Technology

To accelerate India-based innovation, Lubrizol announced it will open a state-of-the-art Technology and Innovation Center in Maharashtra. The first of its kind for the company globally, the facility is designed to progress breakthrough innovations, expand collaboration, and enhance speed to market for Lubrizol and the many customers and industries it serves both in the region and globally. The center will empower collaboration across Lubrizol, co-locating lab capabilities and expanding on the success of existing in-region technology Centers of Excellence (COE). The site will also include a Cu..

Next Story
Infrastructure Urban

Parliament Raises Concerns Over Mangrove Restoration Efforts

Mangrove forests in India are found along the coastline of 9 States and 4 Union Territories. Forest Survey of India (FSI), an organization mandated with forest survey under Ministry of Environment Forest and Climate Change (MoEFCC) publishes “India State of Forest Report” (ISFR) biennially. As per recent ISFR 2023, India has a total Mangrove cover of 4,991.68 sq km; which is 0.15 per cent of the country’s total geographical areas. There has been net increase of 363.68 Sq km (7.86 per cent) in Mangrove cover area of the country in 2023 as compared to 2013 and net increase of 509.68 Sq.km..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?