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JSW Cement Limited ( (IN:JSWCEMENT) ) just unveiled an announcement.
JSW Cement has commenced production at a new state-of-the-art greenfield integrated cement plant in Nagaur, Rajasthan, marking its first manufacturing facility in north India and advancing its ambition to become a pan-India player. With the commissioning of this strategically located unit, the company’s total cement grinding capacity rises to 24.1 MTPA and clinker capacity to 9.74 MTPA, strengthening its ability to serve high-growth markets in Rajasthan, Haryana, Punjab and the NCR while demonstrating rapid project execution and progress toward its long-term capacity targets.
The Nagaur plant includes a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit, with an additional 1.00 MTPA grinding line under construction to further boost output. Funded through a mix of equity and long-term debt, including ₹800 crore from the company’s recent IPO proceeds, the project underscores JSW Cement’s aggressive capacity expansion strategy and is expected to enhance its competitive positioning and support regional economic growth in northern India.
More about JSW Cement Limited
JSW Cement Limited is one of India’s leading green cement producers and part of the diversified JSW Group. The company manufactures cement and clinker, with a growing pan-India footprint and a focus on high-growth regional markets, including its recent entry into northern India to serve demand in Rajasthan, Haryana, Punjab and the National Capital Region.
Average Trading Volume: 235,698
Technical Sentiment Signal: Strong Sell
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