Jaiprakash Associates to strengthen base in western India

Jaiprakash Associates to strengthen base in western India
10 October 2010

Jaiprakash Associates Ltd (JAL), the flagship company of the well diversified industrial conglomerate Jaypee Group, is in the process of strengthening its base in western India.

After commissioning of its first integrated cement plant in Kutch district, Gujarat and a large fly ash based cement grinding unit in close vicinity of Wanakbori Thermal Power plant near Ahmedabad, the Company is now implementing its second integrated cement plant along with a Jetty in Kutch, taking the company’s total cement producing capacity in Gujarat to over 5 million tons per annum.

Commenting on this Manoj Gaur, Executive Chairman, JAL, said, “Gujarat is one of the fastest growing economies in India and is home to major ports in India’s ancient and modern history, leading it to become one of the main trade and commerce center of India. To strengthen and further build up our Company’s position in Western India, JAL has entered into an Agreement with M/s Dighi Port Limited for setting up a Port based, 3.0 million tons per annum Cement Grinding Plant, a coal based Captive Power Plant and a water desalination plant at Dighi Port.”

Dighi Port has leased 40 acres of land for a period of 40 years and shall provide its port facilities for incoming and outgoing bulk cargo. The estimated capital investment on the project is expected to be about Rs 600 crore and the plant will be commissioned in three years. He further said, “The Industry will receive Clinker from its Kutch based plant through sea route and the finished product will be made available to the markets of Maharashtra, Goa etc. The strategic location of the Unit will also help in tapping export potential for cement.”

Dighi Port is located on the western coast of India and is being developed by Vijay Kalantri, Chairman & Managing Director of Dighi Port Ltd. The port is being developed for bulk and container handling and the channel shall have draft of 14 meters to handle reasonably large sized ships.

Published under Cement News