JSW Cement forays into north India with new plant in Rajasthan

 JSW Cement Ltd bittersweet it has commenced accumulation astatine its greenfield, integrated cement manufacturing works successful the territory of Nagaur successful Rajasthan – its archetypal specified installation successful northbound India.

With this foray into the bluish region, the company’s full cement grinding capableness stands astatine 24.1 MTPA and the full clinker manufacturing capableness (including the clinker capableness astatine the company’s associated venture, JSW Cement FZC) stands astatine 9.74 MTPA.

The Nagaur integrated works is equipped with a 3.30 MTPA clinkerisation portion and a 2.50 MTPA cement grinding unit. 

Further, an further 1.00 MTPA cement grinding portion is nether operation astatine this site. This installation tin cater to the high-growth markets successful Rajasthan, Haryana, Punjab, and the National Capital Region (NCR), the institution said.

The Nagaur portion has been funded done a premix of equity and semipermanent debt. The institution allocated ₹800 crore from the caller contented proceeds of its Initial Public Offering (IPO) specifically towards part-financing of this unit.

Parth Jindal, Managing Director, JSW Cement Ltd, said: “The commencement of accumulation astatine the Nagaur, Rajasthan installation is simply a pivotal infinitesimal for JSW Cement. Our aim, arsenic outlined during our IPO process, was to enactment the institution firmly connected the way of becoming a pan-India subordinate and with this commissioning the institution enters the fast-growing Northern Indian market.”

“The institution was capable to committee this greenfield integrated portion wrong 21 months showcasing our task execution capabilities. With this commissioning, the institution is firmly connected way to execute its 41.85MTPA capableness connected oregon earlier FY29,” helium added.

Nilesh Narwekar, CEO of JSW Cement, said “Foraying into the rapidly-growing northbound Indian marketplace is simply a strategical precedence for us. These states are witnessing immoderate of the highest maturation rates and monolithic infrastructure development.”

“With the Nagaur facility, we purpose to supply our customers with high-quality, eco-friendly cement and a world-class work experience, each the portion maintaining our presumption arsenic 1 of the world’s astir sustainable cement producers,” helium added.