Punjab cement plant investments await approval
Cement

Punjab cement plant investments await approval

JSW Group and Vedanta have made significant investments in establishing cement plants in Punjab, awaiting approval from the state government, according to informed sources. Talwandi Sabo Power Plant (TSPL), a Vedanta Group company, plans to invest around Rs 100 billion to set up cement manufacturing plants in Punjab. TSPL intends to establish multiple cement plants near its existing power plant in Mansa district, with one of these plants being set up by JSW Group. The cement production will utilise fly ash from TSPL's power plant.

Despite the potential to create over 2,000 jobs in Punjab, the project is pending approvals from various state government departments. Sources indicate that TSPL's proposal has been awaiting approval from the Punjab Government's office of the Chief Town Planner and Director of Factories for the past 18 months, despite assurances made at the Invest Punjab Summit in February 2023. Recently, TSPL, a leading power producer in Punjab, approached the High Court of Punjab and Haryana to expedite the process.

TSPL currently operates a 1,980 MW thermal power plant in Mansa district and plans to use the fly ash generated by the plant for environmentally friendly cement production. The project has been stalled due to the lack of approval for the change in land use required for a Cement Grinding Unit.

"This ambitious project represents one of the largest investments Punjab has ever seen, offering substantial benefits to the community. Not only does the cement grinding unit provide an eco-friendly solution for the power plant's ash, but it also promises a significant capital infusion into the region. In a state where job opportunities are often scarce, the project's potential to employ 2,000 individuals is invaluable," a source emphasised.

Persistent delays might force investors to explore opportunities in more favourable states, sources warned.

JSW Group and Vedanta have made significant investments in establishing cement plants in Punjab, awaiting approval from the state government, according to informed sources. Talwandi Sabo Power Plant (TSPL), a Vedanta Group company, plans to invest around Rs 100 billion to set up cement manufacturing plants in Punjab. TSPL intends to establish multiple cement plants near its existing power plant in Mansa district, with one of these plants being set up by JSW Group. The cement production will utilise fly ash from TSPL's power plant. Despite the potential to create over 2,000 jobs in Punjab, the project is pending approvals from various state government departments. Sources indicate that TSPL's proposal has been awaiting approval from the Punjab Government's office of the Chief Town Planner and Director of Factories for the past 18 months, despite assurances made at the Invest Punjab Summit in February 2023. Recently, TSPL, a leading power producer in Punjab, approached the High Court of Punjab and Haryana to expedite the process. TSPL currently operates a 1,980 MW thermal power plant in Mansa district and plans to use the fly ash generated by the plant for environmentally friendly cement production. The project has been stalled due to the lack of approval for the change in land use required for a Cement Grinding Unit. This ambitious project represents one of the largest investments Punjab has ever seen, offering substantial benefits to the community. Not only does the cement grinding unit provide an eco-friendly solution for the power plant's ash, but it also promises a significant capital infusion into the region. In a state where job opportunities are often scarce, the project's potential to employ 2,000 individuals is invaluable, a source emphasised. Persistent delays might force investors to explore opportunities in more favourable states, sources warned.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement