JSW Cement has marked a step forward in its national expansion with the commencement of production at its greenfield integrated cement manufacturing plant in Nagaur district, Rajasthan – its first such facility in North India.
With this foray into the northern region, JSW Cement’s total cement grinding capacity stands at 24.1 million tpy and the total clinker manufacturing capacity (including the clinker capacity at the company’s joint venture, JSW Cement FZC) stands at 9.74 million tpy.
The Nagaur integrated plant is equipped with a 3.30 million tpy clinkerisation unit and a 2.50 million tpy cement grinding unit. Further, an additional 1.00 million tpy cement grinding unit is under construction at this site. This strategically-located facility can cater to the high-growth markets in Rajasthan, Haryana, Punjab, and the National Capital Region (NCR).
The Nagaur unit has been funded through a strategic mix of equity and long-term debt. The company allocated US$85 million from the fresh issue proceeds of its Initial Public Offering (IPO) specifically towards part-financing of this unit.
Announcing this, Mr. Parth Jindal, Managing Director, JSW Cement, said: “The commencement of production at the Nagaur, Rajasthan facility is a pivotal moment for JSW Cement. Our aim, as outlined during our IPO process, was to put the company firmly on the path of becoming a pan-India player and with this commissioning the company enters the fast-growing Northern Indian market. We look forward to servicing the growing needs of the region and contributing to the economic growth of Rajasthan, Haryana, Punjab and the NCR area. I am truly excited that the company was able to commission this greenfield integrated unit within 21 months showcasing our project execution capabilities. With this commissioning, the company is firmly on track to achieve its 41.85 million tpy capacity on or before FY29.”
Mr. Nilesh Narwekar, CEO of JSW Cement, added: “Foraying into the rapidly-growing north Indian market is a strategic priority for us. These states are witnessing some of the highest growth rates and massive infrastructure development. With the Nagaur facility, we aim to provide our customers with high-quality, eco-friendly cement and a world-class service experience, all the while maintaining our position as one of the world’s most sustainable cement producers. With this expansion, the company is also moving closer to its mid-term capacity target of 41.85 million tpy in India. and its long-term vision of achieving 60 million tpy capacity.”
The plant is designed as a model of sustainable manufacturing. The facility includes provisions for the co-processing of alternative fuels in the kiln and a 7 km long Overland Belt Conveyor to transport limestone from the mines, thereby reducing the environmental impact of road transport. The world class plant will also soon feature a 16 MW WHRS to capture and reuse heat from the production process, significantly reducing its carbon footprint.
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