JSW Cement to invest around 3000 crore rupees to establish new integrated Cement Plant in Rajasthan

JSW Cement: JSW Group's JSW Cement is now planning big investments to strengthen its presence in the North Indian markets. JSW Cement plans to set up a greenfield integrated cement manufacturing plant in Nagaur district of Rajasthan with an investment of Rs 3000 crore. The foundation stone laying ceremony for the construction of this cement factory has taken place recently. This new cement factory also includes a clinkerization unit whose capacity will be 3.30 MTPA and a grinding unit of 2.50 MTPA. It will also have an 18 MW waste heat recovery based power plant.

JSW Cement got necessary approvals

JSW Cement has already received some necessary regulatory and statutory approvals for this cement plant, apart from this, other approvals are on the way. Once commissioned, this cement facility will strengthen the company's position in the attractive market of North India.

More than 1000 job opportunities will be created in the plant

The investment also includes a plan for a nearly 7 km long overland belt conveyor to transport limestone from the mines to the manufacturing facility and a plant and system to use alternative fuel in the kiln. The proposed investment will be funded through a mix of equity and long term debt. The company expects to create 1000 direct and indirect jobs through the investment in this cement facility.

The managing director of the company said this

Managing Director of JSW Cement said that this investment is one of the most important investments being made in Rajasthan for our cement business. I feel that working with the Rajasthan State Government will continue to create ample employment opportunities and economic contribution along with the development of the state.

Work continues on nationwide reach – JSW Cement

The MD of the company also said that through this integrated cement facility in Nagaur, JSW Cement will move forward on the path to achieve its target of expanding its presence across the country and this target will be achieved in the next few years. The new capacity in this region will enable us to meet the needs of our customers, thereby expanding our footprint in northern states such as Rajasthan, Haryana, Punjab and the NCR region.

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