JSW Cement, part of the $24.25-billion JSW Group, announced plans on Tuesday to invest around ₹3,000 crore in establishing a cement manufacturing facility in Nagaur district, Rajasthan. The funding for the new facility will be a mix of debt and equity.
The facility will include a clinkerization unit with a capacity of up to 3.30 million tonnes per annum (MTPA) and a grinding unit with a capacity of up to 2.50 MTPA, according to a statement from JSW Cement. Additionally, the plant will feature an 18 MW waste heat recovery-based power generation system.
The proposed investment is significant for JSW Cement as it aims to achieve a pan-India footprint in the coming years. The new plant is expected to create over 1,000 direct and indirect job opportunities. It will also include a 7-kilometer overland belt conveyor for transporting limestone from the mines to the manufacturing plant, along with arrangements to use alternative fuel in the kiln.
JSW Cement Managing Director Parth Jindal highlighted the importance of this investment in Rajasthan, stating, "The proposed investment to establish our integrated cement facility in Nagaur puts JSW Cement firmly on its path to achieving a pan-India footprint within the next few years. The new capacity in this region will enable us to service the prolific needs of our customers in the northern states of Rajasthan, Haryana, Punjab, and the NCR region."
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