JSW Cement has drawn up 10-year plan to increase its production capacity by four-fold to 25 million tonnes, said its Chief Executive Officer, Anil Kumar Pillai.
At present, the company’s plants are located in Nandyal (Andhra Pradesh) with an annual capacity of 4.8 million tonnes, Vijayanagar (Karnataka) 0.7 million tonnes and Dolvi (Maharashtra) 0.6 million tonnes.
Talking to The Hindu , Mr. Pillai said: “To achieve the target, we will be setting up new plants at the existing site or purchase existing units. We have several options before us to finance the expansion programme.”
Going forward, JSW Cement would be setting up its second integrated 3 million tonnes clinker plant in Gulbarga (Karnataka) at a cost of about Rs.2,400 crore. It would produce 6 million tonnes of cement per annum. The capacity at Dolvi would be expanded. The investment for the new units was yet to be decided, said another official.
Portland slag cementOn Saturday, JSW Cement launched Portland Slag Cement in Tamil Nadu to double its market share of 6 per cent in the South.