INR3 billion would be spent on increasing production capacity at Salboni, said JSW Managing Cement Managing Director, Parth Jindal, while INR1 billion would be spent on the power plant.
The Salboni plant began commercial production in August of last year, following an investment of INR8 billion. The expansion project will begin this year, said Jindal, and forms part of JSW Cement’s plan to increase its total production capacity to 20 million tpy by 2020.
The company currently has installed capacity of 11.6 million tpy. Jindal also said that JSW Cement would bid for the assets of Binani Cement and Kalyanpur Cement. The two companies have combined production capacity of around 12 million tpy.
