JSW Cement’s board has approved two grinding projects adding a combined 4Mta of capacity at its Vijayanagar and Dolvi operations in India.
The company will invest approximately INR5.09bn (US$53.4m) in a 2Mta GGBS grinding system at Vijayanagar, Karnataka, where existing cement and GGBS capacity stands at 6Mta. Commissioning is targeted for May 2028.
A further INR5.69bn will fund a 2Mta cement grinding mill at Dolvi, Maharashtra, increasing the site’s capacity from 4.5Mta to 6.5Mta. This project is expected to enter operation by October 2028. Both investments will be financed through internal accruals and debt.
JSW Cement also reported a 26 per cent increase in quarterly sales volumes to 3.93Mt. Revenue rose 33 per cent to INR19.12bn, while operating EBITDA increased four per cent to INR2.78bn, equivalent to INR708/t.
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