JSW Cement, part of JSW Group, plans to invest around Rs 3,000 crore to establish a greenfield, integrated cement manufacturing facility in Nagaur district of Rajasthan. The proposed investment will be funded through a mix of equity and long-term debt.The investment in the new cement facility includes a clinkerization unit of up to 3.30 MTPA and a grinding unit of up to 2.50 MTPA, along with an 18 MW waste heat recovery based power plant.
Parth Jindal, managing director of the company said, “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.
“The investment also includes an approximately seven km long overland belt conveyor to transport limestone from the mines to the manufacturing plant and arrangements to use alternative fuel in the kiln.
