JSW Cement has successfully commissioned production at the state-of the-art, greenfield, integrated cement manufacturing plant in the district of Nagaur in Rajasthan - its first such facility in north India. With this foray into the northern region, the company’s total cement grinding capacity stands at 24.1 MTPA and the total clinker manufacturing capacity (including the clinker capacity at the company’s joint venture, JSW Cement FZC) stands at 9.74 MTPA.
The Nagaur integrated plant is equipped with a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit. Further, an additional 1.00 MTPA cement grinding unit is under construction at this site. This strategically-located facility can cater to the high-growth markets in Rajasthan, Haryana, Punjab, and the National Capital Region (NCR).
The Nagaur unit has been funded through a strategic mix of equity and long-term debt. The company allocated Rs 800 crore from the fresh issue proceeds of its Initial Public Offering (IPO) specifically towards part-financing of this unit.
JSW Cement is part of the JSW Group, a multinational conglomerate with a portfolio of diversified businesses across various sectors such as steel, energy, maritime, infrastructure, defence, business-to-business e-commerce, realty, paints, sports and venture capital.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11589.90 |
| Ambuja Cement | 445.05 |
| ACC | 1424.50 |
| Shree Cement | 24337.00 |
| Dalmia Bharat | 1968.40 |
| View more.. | |
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