JSW Cement is scaling up its production footprint with board approval for two capital expenditure projects valued at approximately ₹1,078 crore. Under the expansion plan, the company will set up a 2 MTPA GGBS grinding unit in Vijayanagar, Karnataka (estimated at ₹509 crore) and an additional 2 MTPA cement grinding mill in Dolvi, Maharashtra, expected to operationalize by October 2028. In a parallel decision, JSW Cement granted a corporate guarantee of up to ₹60 crore to back the capex and working capital needs of its subsidiary, JSW Green Cement.
News by Rahul Yelligetti.