JSW Cement to invest Rs 3,000 cr for new manufacturing unit in Rajasthan

JSW Cement will invest around Rs 3,000 crore to set up a new cement manufacturing factory in Nagaur district of Rajasthan, said the Sajjan Jindal company on Tuesday.

The investment includes a clinkerisation unit of up to 3.30 million tonnes per annum and a grinding unit of up to 2.50 MTPA, along with an 18 MW waste heat recovery-based power plant, said the company, referring to manufacturing processes.

The proposed investment for the greenfield and integrated facility will be funded through equity and long-term debt.

JSW Cement has received some regulatory and statutory approvals and is set to obtain other clearances. 

The unit will mark the company’s entry into the North India cement market and is expected to create more than 1,000 direct and indirect jobs, said the company in a press statement.