JSW Cement to set up new cement plants with Rs 3,200 bn investment

17 Oct 2022 CW Team

JSW Cement plans to invest more than Rs 32 billion on an integrated greenfield cement manufacturing facility in Madhya Pradesh and a split grinding mill in Uttar Pradesh, just one day after acquiring India Cements. These facilities' combined cement capacity will be 5 mtpa.

An integrated cement plant with 2.5 mtpa clinker capacity, 2.5 mtpa grinding capacity, a 15 MW Waste Heat Recovery System, a modern residential colony in Madhya Pradesh, and a 2.5 mtpa grinding facility in Uttar Pradesh are all part of the proposed investment.

JSW Cement paid Rs 4.77 billion for a 100% share in Springway Mining from India Cements.

JSW Cement now has access to about 106 million tonnes of limestone reserves, as well as a mining lease lasting until 2065. The limestone mine covers over 500 hectares in Madhya Pradesh's Panna District.

The company has obtained the majority of the regulatory permissions required for mining operations and is currently pursuing the necessary approvals for the establishment of integrated cement production facilities.

Also Read
Bharathi Cement sets up second automated cement terminal
Swiss agency moots LC3 tech for cement industry

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..