Shree Cement to invest Rs.47.5 bn in three projects in Rajasthan

Cement manufacturing major Shree Cement will invest Rs.47.5 bn in three projects, including Rs.35 bn in Nawalgarh Tehsil, Rajasthan, to build an integrated cement plant. The company announced in a filing that its board of directors has approved the construction of an integrated cement plant in the village of Gothra, as well as solar power plants at various locations, to meet captive requirements. The plant will be able to produce clinker at a rate of 3.8 mtpa and cement at a rate of up to 3.5 mtpa. The plant will be ready by the quarter ending March 2024.

Contact: Shree Cement.

Website: www.shreecement.com