Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Shree Cement to infuse Rs 4,750 crore in Rajasthan, West Bengal

Wednesday, 15 Sep 2021
Share this on :
Shree Cement will make an investment of Rs 4,750 crore on three projects in the states of Rajasthan and West Bengal. 
 
The Board of Directors of the company has approved setting up an integrated cement plant at Gothra village in Nawalgarh tehsil having clinker capacity of 3.8 million tpa and cement capacity of up to 3.5 million tpa. 
 
The project will entail an investment of approximately Rs 3,500 crore and will be financed through internal accruals and debts. The integrated cement plant will be completed by Q4/FY25.
 
The existing cement capacity of the company is 43.40 million tpa. During FY21, the utilisation rate was 67 percent.
 
The Board of Directors also approved setting up solar power plants at various locations to meet the captive requirement of the cement plants of the company.
 
The project will see setting up of solar power plants having capacity up to 106 MWp. The project will see an investment to the tune of around Rs 500 crore and would be financed through internal accruals. 
 
The solar power project would be completed by Q2/FY23. The company has committed to maximise the use of clean energy into its operations. 
 
Setting up the above solar power plants will enhance the proportion of clean energy usage in total energy consumption of the company. The same will reduce the fossil fuel consumption and help in reducing carbon footprint of the company. 
 
Moreover, the Board of Directors of Shree Cement East (SCEPL), a wholly- owned subsidiary of the company, approved the proposal for setting up a clinker grinding unit at Digha and Parbatpur village in Purulia district of West Bengal. 
 
The proposed capacity addition is three million tpa. The project will entail an investment of around Rs 750 crore and the funding will be mainly by way of equity contribution from Shree Cement. 
 
The project is expected to be completed by Q4/FY24. The cement demand supply situation in West Bengal appears quite favourable and thus the investment in cement plant in the state would be a viable proposition.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services