JSW Cement new manufacturing facility in Rajasthan
JSW Cement, a subsidiary of the US$24.25 billion JSW Group, intends to invest approximately ₹ 3,000 crore in establishing a greenfield, integrated cement manufacturing facility in Rajasthan’s Nagaur district. The cement factory’s construction began recently with a ground-breaking ceremony.
JSW Cement’s investment in the new cement facility includes a clinkerization unit of up to 3.30 MTPA and a grinding unit of up to 2.50 MTPA, as well as an 18 MW waste heat recovery power plant. The investment also includes an approximately 7-kilometre-long Overland Belt Conveyor to convey limestone from the mines to the manufacturing plant, as well as provisions to use alternate fuel in the kiln. The proposed investment will be supported using a combination of equity and long-term debt.
JSW Cement has already received some regulatory and statutory approvals and is on track to obtain the remaining clearances. Once operational, this mill will represent JSW Cement’s entry into the lucrative North Indian cement market. The current investment is estimated to generate over 1,000 direct and indirect job opportunities.
According to Parth Jindal, Managing Director of JSW Cement, “This is one of the most significant investments we are making in Rajasthan through our cement business. I look forward to working with the Rajasthan State Government to contribute to the economic development of the state while continuing to create substantial employment opportunities in the region. The proposed investment to establish our integrated cement facility in Nagaur puts JSW Cement firmly on its path to achieving a pan-India footprint within the next few years. The new capacity in this region will enable us to service the prolific needs of our customers in the Northern States of Rajasthan, Haryana, Punjab, and the NCR region.”
Nilesh Narwekar, CEO of JSW Cement, says, “This investment will mark our entry into the fast-growing and attractive cement markets of North India. These states have one of the highest GDP growth rates and are witnessing significant infrastructure and housing development. We are very excited to be able to enter this booming construction market and will aim to provide our customers with high-quality cement and world-class customer service.”
For more information, visit: https://www.jswcement.in/
36
Cookie Consent
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.