Shree Cement expanding manufacturing capacity

21 Jun 2023 CW Team

Shree Cement has announced its plans to enhance its production capacity and establish a new grinding facility in Bengal. Their goal is to achieve a production capacity of 80 million tonnes (MT) by 2030.

It has been revealed that the company will undertake four projects, collectively adding 10.5 MT of cement capacity. These projects require investments ranging from Rs 55 to 60 billion.

The locations for the new plants include Uttar Pradesh, Punjab, Karnataka, and Bengal, specifically in the Sankrail-Kolaghat area. Shree Cement has already applied for government clearances for the land in these areas and will commence work as soon as they receive approval.

These four upcoming units will be in addition to the three plants that the cement giant, headquartered in Calcutta, is currently constructing. The existing plants are located in Purulia (Bengal), Nawalgarh (Rajasthan), and Guntur (Andhra Pradesh).

Once all the projects are completed, Shree Cement's total production capacity will increase from the current 46.4 MT to 55.9 MT. The Purulia plant in West Bengal, which includes a three MT grinding unit, is expected to be completed within the next 10 days.

Upon completion, the company will possess a total grinding capacity of 5.5 MT.

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