JSW Cement to expand by 2018
JSW Cement, part of the USD 11 billion JSW Group, said it plans to complete expansion of its capacity to 17 million tonnes (MT) by April 2018 and has entered into a joint venture with Australian firm Wagners to launch and promote earth-friendly concrete (EFC) in India.
“We are expanding our capacity from 6.8 MT to 17 MT and the exercise is expected to be completed by April 2018. The expansion includes 2.4 MT at Vijaynagar in Karnataka, 2.4 MT in West Bengal and 1.2 MT each in plants located at Dolvi in Maharashtra, Mangalore and Orissa. The total expenditure is estimated at Rs 2,700 crore,” JSW Cement Managing Director Parth Jindal told.