Shree Cement is planning to set up a three million tonne per annum (mtpa) cement grinding mill at Odapada in Dhenkanal district. In this regard, the company will invest around Rs 452.55 crore. The cement maker has selected the site as it can use fly ash generated from power plants concentrated in Dhenkanal district.
The proposed mill would require around 60 acres of land and the Odisha Industrial Infrastructure Development Corporation (Idco) has asked the district administration to identify a suitable piece of land for the cement mill.
Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 millionn tonnes p.a.
