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(20 second reading) JSW Cement, part of $24.25 billion JSW Group, unveiled it plans to invest around Rs 3,000 crore to establish a greenfield cement manufacturing facility in Nagaur district of Rajasthan.
The ground-breaking ceremony was held recently to commence the construction of the factory.
JSW Cement’s investment includes a clinkerization unit of up to 3.30 million tonne per annum and a grinding unit of up to 2.50 million tonne per annum, along with an 18 MW waste heat recovery based power plant. The proposed investment will be funded through a mix of equity and long-term debt.
Once commissioned, this unit will mark JSW Cement’s entry into the north India cement market.
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