Shree Cement, the fourth largest in the sector, is looking to ramp up capacity by another 10 million tonnes (mt) in the coming three years. In this regard, the company has lined up a capital expenditure of Rs 6,000 crore to construct three new clinker plants.
The first in the line - a plant in the Baloda Bazar-Bhatapara district in Chhattisgarh, with a minimum capacity of three mt - will be announced in four months. The company has recently won a bid for limestone reserves at the Karhi-Chandi area in the state, through an e-auction in February. This block has an estimated reserve of 166 mt, with 80 mt cement-grade limestone.
Shree Cement is the leading cement manufacturing in North India. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand.
