JK Cement plans expansion spree

JK Cement plans expansion spree
05 December 2017

JK Cement is planning to almost double its grey cement capacity to 18Mta in four years with brownfield and greenfield expansions.

The company is embarking on a brownfield expansion of 3.5Mta at its Mangrol facility in Rajasthan. This involves capital expenditure of about INR15,000m (US$232.8m). Work at Mangrol is expected to start by end FY17-18 and commissioning is expected by end of 2019, Rajnish Kapur, head of grey cement business, told Economic Times.

Separately, JK is also working on a 3.5Mta greenfield project at Panna in Madhya Pradesh, the cost of which is estimated between INR17,500m and INR20,000m. "In Panna, we already have a mining lease," Kapur said.

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