New Launch4 April 2026 at 03:31 pm
Shree Cement Ltd. Approves Setting Up of New Integrated Cement Plant in Meghalaya
AI Summary
Shree Cement Ltd. has announced its plan to set up an Integrated Cement Plant with a clinker capacity of 0.95 MTPA and cement capacity of 0.99 MTPA at Village Daistong, East Jaintia Hills District in the state of Meghalaya. The project, estimated to cost Rs. 1800 crores, is to be financed through internal accruals and debt. The proposed capacity is expected to be added by the quarter ending March, 2028. This expansion is a strategic business decision by the company.
Key Highlights
- Shree Cement Ltd. to set up a new Integrated Cement Plant in Meghalaya
- The plant will have a clinker capacity of 0.95 MTPA and cement capacity of 0.99 MTPA
- Estimated investment for the project is Rs. 1800 crores
- The project will be financed through internal accruals and debt
- The proposed capacity is expected to be added by the quarter ending March, 2028