JSW Cement Ltd, a part of the $11
billion JSW Group, is planning to set up a 3 million tonnes per annum-plant in
Karnataka.
The proposed clinkerisation plant at
Chittapur in Gulbarga district at an estimated cost of Rs 2,500 crore is still
in preliminary stages and we have approached the ministry of environment and
forests (MoEF) for permissions. It will take at least two to three years to
materialise," Pankaj Kulkarni, Director, JSW Cement Ltd.
The company presently operates three
plants with a combined capacity of 6 mtpa cement plants at Vijayanagar in
Karnataka, Dolvi in Maharashtra and Nandyal (4.8 million tonnes per annum) in
Andhra Pradesh.
JSW Cement manufactures only Portland
slag cement, for which it gets slag, the key raw material from its steel plants
in Vijayanagar and Dolvi.
The Portland slag cement accounts for
about 7 per cent of the total cement business in the country. Out of 360
million tonnes of cement sold annually, PSC accounts for about 23 million
tonnes. Of this, JSW Cement contributes 6 million tonnes or about 26 per cent.
In addition to cement, JSW has also
ventured into manufacture of grounded granulated BF Slag (GGBS), which is used
in manufacture of Ready Mix Concrete (RMC) and site mix plants. The company is
supplying GGBS to Bangalore Metro Rail Corporation. Annually, it sells one
million tonnes of GGBS.
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