JSW Cement forays into north India with new plant in Rajasthan

 JSW Cement Ltd sad it has commenced production at its greenfield, integrated cement manufacturing plant in the district of Nagaur in Rajasthan – its first such facility in north India.

With this foray into the northern region, the company’s total cement grinding capacity stands at 24.1 MTPA and the total clinker manufacturing capacity (including the clinker capacity at the company’s joint venture, JSW Cement FZC) stands at 9.74 MTPA.

The Nagaur integrated plant is equipped with a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit. 

Further, an additional 1.00 MTPA cement grinding unit is under construction at this site. This facility can cater to the high-growth markets in Rajasthan, Haryana, Punjab, and the National Capital Region (NCR), the company said.

The Nagaur unit has been funded through a mix of equity and long-term debt. The company allocated ₹800 crore from the fresh issue proceeds of its Initial Public Offering (IPO) specifically towards part-financing of this unit.

Parth Jindal, Managing Director, JSW Cement Ltd, said: “The commencement of production at the Nagaur, Rajasthan facility is a pivotal moment for JSW Cement. Our aim, as outlined during our IPO process, was to put the company firmly on the path of becoming a pan-India player and with this commissioning the company enters the fast-growing Northern Indian market.”

“The company was able to commission this greenfield integrated unit within 21 months showcasing our project execution capabilities. With this commissioning, the company is firmly on track to achieve its 41.85MTPA capacity on or before FY29,” he added.

Nilesh Narwekar, CEO of JSW Cement, said “Foraying into the rapidly-growing north Indian market is a strategic priority for us. These states are witnessing some of the highest growth rates and massive infrastructure development.”

“With the Nagaur facility, we aim to provide our customers with high-quality, eco-friendly cement and a world-class service experience, all the while maintaining our position as one of the world’s most sustainable cement producers,” he added.