Showing posts with label Shree Cement. Show all posts
Showing posts with label Shree Cement. Show all posts

Shree Cement Opens New ~₹850 Cr Grinding Unit in Etah, Uttar Pradesh

Shree Cement Opens New ~₹850 Cr Grinding Unit in Etah, Uttar Pradesh
  • The state-of-the-art facility entails an investment of ~₹850 Crore
  • The newly established unit to set new benchmarks in quality, cost-effectiveness, sustainability, and technological advancement
  • The unit is expected to spur local employment, boosts regional development, and create more than 500 direct and indirect employment opportunities
  • The unit will utilize 100% of fly ash from the adjoining Jawaharpur Thermal Power Plant, approximately 5,000 tons per day.
Shree Cement, one of India’s leading cement manufacturers, announced the commissioning of its new grinding unit in Etah. With an annual capacity of 3 million tonnes per annum (MTPA), the Etah unit from Shree will be one of the largest grinding units in the region, adding to the growth journey of the state of Uttar Pradesh. The project, entirely funded through internal accruals, entails an investment of ~₹850 crore and is expected to create more than 500 direct and indirect employment opportunities.

Speaking on the occasion, Neeraj Akhoury, Managing Director, Shree Cement said,
At Shree Cement, we are committed to supporting Uttar Pradesh's rapid infrastructure and housing development. Our manufacturing units also contribute to a sustainable future for local communities by creating job opportunities, establishing educational facilities and improving infrastructure.

The strategic location of the unit, closer to the railway infrastructure, enables cost-effective transportation of raw materials from Rajasthan, while cement dispatch will leverage both roadways and railways for optimal distribution. A newly constructed road provides direct highway access, enhancing transportation efficiency, and streamlining logistics.
 
Shree Cement Commissions Grinding Unit in Etah, Uttar Pradesh, With ~₹850 Cr Investment
Shree Cements' greenfield cement plant at Jawaharpur in Etah

The Etah plant will serve as a model for sustainability, featuring zero-waste operations, air-cooled screw compressors to minimize water consumption and advanced filters to ensure minimal environmental impact. Additionally, the plant has collaborated with an adjoining Jawaharpur Thermal Power Plant to consume its 100% fly ash waste - about 5000 tons per day, enhancing operational efficiencies. In line with Shree Cement's commitment to green energy, a solar installation is planned within the next 2-3 years.

The Etah grinding unit is equipped with cutting-edge German technology, not only for the core operational part but also in advanced pollution control systems, including the Mill Bag House with Epoxy cages. This technology ensures exceptional efficiency in pollution control, reducing dust emissions to levels well below the prescribed norms and minimizing environmental impact. The plant has 100% covered storage for raw materials to ensure the highest standards of safety and quality. Additionally, advanced filters maintain air quality, reinforcing Shree Cement’s commitment to a sustainable and pollution-free environment.

Technological innovations at the plant include an AI-based Bag Counter System for precise inventory management, a laser-based Online Particle Size Analyzer for optimized cement quality, and enhanced safety measures, including thermal sensors and rear door limit switches in HT panels. The plant also features an industry-first Wagon Tippler System, adhering to the latest Railway RDSO guidelines, with German-designed Twin Hybrid Samson Feeders that reduce power consumption, lower lift, save time and eliminate water seepage issues. This state-of-the-art facility exemplifies a commitment to innovation, excellence and sustainability in the cement industry.

As part of its CSR initiatives, Shree Cement will also focus on infrastructure development and providing education in the nearby village of Nigoh Hasanpur, benefiting 2500 residents.

Shree Cement Limited is a leader in sustainability, operational efficiency and innovation. Committed to eco-friendly building solutions, the company utilizes synthetic gypsum, maintains 6x water positivity and harnesses multiple fuel sources, including waste materials. It also advances sustainable transportation by increasing railway usage and adopting electric and CNG vehicles.

The brand portfolio offers a range of premium products, including Bangur Magna for solid concrete, Bangur Roofon for solid roofs, and Bangur Marble for solid bright homes. It also features Bangur Shree Jungrodhak for rust resistance, Bangur Powermax for powerful crack resistance and Bangur Rockstrong for rock-like strength.

Shree Cement Inks Rs. 8,350 Cr MoU with Govt. of Karnataka

Shree Cement Inks Rs. 8,350 Cr MoU with Govt. of Karnataka
MoU aimed to boost industrial growth and create employment in the state

Shree Cement Limited today signed a Memorandum of Understanding (MoU) worth ₹8,350 crore with the Government of Karnataka, committing to invest in the state over the next five years. As part of the MoU, Shree Cement plans to establish state-of-the-art cement manufacturing facilities, generating significant employment opportunities and contributing to Karnataka’s industrial growth and development.

On the occasion of the Global Investors Meet 2025 in Bengaluru, the MoU was signed between Shri Siddaramaia, Hon’ble Chief Minister of Karnataka and Shri Neeraj Akhoury, Managing Director Shree Cement, marking a major milestone in the state’s industrial growth journey. The investment will be directed towards three key projects, enhancing Karnataka’s cement manufacturing capacity.

The MoU between Shree Cement and the Government of Karnataka includes the establishment of an Integrated Cement Plant in Kalaburagi, featuring a clinker capacity of 3.5 MTPA and a cement capacity of 3 MTPA. With an investment of ₹2,500 crore, the plant is expected to create approximately 300 direct jobs and commence operations by 2025. Additionally, a Clinker Grinding Unit with capacity of 3 MTPA will be developed in Bengaluru Rural district with an estimated investment of ₹850 crores. The second proposed unit is expected to create 250 direct job opportunities, with operations scheduled to begin in 2028.

Further, as part of this MoU, Shree Cement also proposes to establish an Integrated Cement Plant with a clinker capacity of 3.5 MTPA and cement capacity of 6 MTPA (in two phases) at Kalaburagi district. This project entails a proposed investment of ₹5,000 crore and is expected to create 750 direct employment opportunities. The plant is slated for completion by 2030 and aligns with Shree Cement’s vision of sustainable growth and operational excellence.

Commenting on the partnership, Shri Neeraj Akhoury, Managing Director, Shree Cement Limited, said, “Karnataka is a key state for us, and the investment of Rs. 8350 crore reflects our commitment to contributing to its economic growth. We are grateful to the Government of Karnataka for their support and look forward to building a sustainable and impactful presence in the region.”

The projects will not only strengthen Shree Cement’s presence in South India but also support Karnataka’s vision of becoming a hub for industrial and infrastructural growth. The Government of Karnataka has assured its full support in facilitating necessary permissions, registrations, approvals and clearances for the timely execution of these projects.

Shree Cement Limited remains committed to sustainable development and will incorporate advanced technologies to ensure environmentally friendly operations.

About Shree Cement Limited

One of the leading cement groups in India, Shree Cement Limited (‘SCL’) (BSE: 500387/ NSE: SHREECEM) is known for its industry leading green credentials, cutting edge innovative practices and cost leadership. It follows ‘highest standards of Corporate Governance and has a long history of enjoying stakeholders’ trust. Shree Cement is known for its high-quality products which are manufactured at advance manufacturing facilities across India and UAE. It is determined to deliver the most sustainable building material solutions to its consumers. The company is relentlessly pursuing its goal of having more than 80 million tonnes of production capacity in the coming years.

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