In order to build an integrated, brand-new cement manufacturing facility in Madhya Pradesh and a split grinding facility in Uttar Pradesh, JSW Cement intends to invest more than Rs 3,200 crore. These machines will be able to produce 5 million tonnes of cement annually (mtpa).
The announcement comes a day after the business purchased the Madhya Pradesh unit of India Cements for Rs 477 crore.
As a result, JSW Cement will have access to 106 million tonnes of limestone reserves as well as a mining lease that is valid through 2065. According to the report, the limestone mine in Madhya Pradesh’s Panna District spans over 500 hectares.
The business has also obtained the majority of the necessary regulatory permissions for mining operations and is working to obtain the necessary approvals to set up the integrated cement manufacturing facilities.
