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Investment to be made for plant by Shree Cement

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Equipment orders to the tune of nearly Rs 700 crore have been placed by Shree Cement for its kiln unit in Rajasthan. The unit has a capacity of 1.5 million tonne per annum and is located in Ras, Rajasthan. Construction work for the same has already been started and it is expected to be complete by next year. The order has been placed by the company with Cologne-based KHD Humboldt for a 4500 tonne per day or 1.5 mt/year plant kiln unit. In a related news, the company had decided to start a 2 million tonne per annum clinkerisation unit near Raipur in Chattisgarh. The land acquisition process for the project has started.

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