Business Standard

Wednesday, December 25, 2024 | 01:13 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

JSW Cement to invest over Rs 3,200 crore in new plants in MP and UP

The combined cement capacity of these units will be 5 million tonnes per annum

JSW Cement enters construction chemical segment with green product category
Premium

The acquisition of the India Cements Madhya Pradesh unit puts JSW Cement on its path to achieve 50 mtpa with a pan-India footprint in the next few years.

BS Reporter Mumbai
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 tonnes 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,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in