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Shree Cement completes greenfield cement plant in Bengal

03 Jul 2023 Evaluate

Shree Cement has completed the Rs 550 crore greenfield cement plant in the Purulia district, Bengal. This is its first production facility in Bengal and has begun trial production. With this plant, the total cement production capacity of the group has increased to around 50 MT per annum across 15 plants.

The 3-million-tonne per annum plant set up at an investment of around Rs 550 crore was entirely funded through internal accruals. This new plant will serve the growing cement demand in fast-growing Bengal and Jharkhand markets, helping faster supplies to its customers.

Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. 


Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1217.50
Shree Cement 22215.80
Dalmia Bharat 1655.25
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