The proposed investment includes an integrated cement plant with 2.5 MTPA clinker capacity, 2.5 MTPA grinding capacity, 15 MW Waste Heat Recovery System, a modern residential colony in Madhya Pradesh, and a 2.5 MTPA grinding unit in Uttar Pradesh.
Recently, JSW Cement acquired Springway Mining Private Ltd (SMPL) owning limestone land for ₹476.87 crore from India Cements Ltd. The acquisition gives JSW access to limestone reserves of about 106 million ton, including a mining lease valid until 2065. The limestone mine is spread over about 500 hectares of land located in Panna District of Madhya Pradesh.
The company has secured most of the regulatory approvals for mining operations and is pursuing requisite approvals for setting up the integrated cement manufacturing facilities. JSW Cement's integrated manufacturing facility will be located adjacent to this mining reserve.