Corporate News 20-Jan-24
Board of J K Cements approves capital outlay of Rs 2850 cr
At meeting held on 20 January 2024
The board of J K Cements at its meeting held on 20 January 2024 has approved expansion of 6 MnTPA comprising – (1) brown field Expansion in clinker capacity at Panna by 3.3 MnTPA (10,000 TPD) & cement grinding capacity by 3 MnTPA at Panna, Hamirpur and Prayagraj (1 MNTPA each) and (2) 3 MnTPA greenfield Cement grinding capacity in Bihar, to be commissioned in phases in 24 months from the date of start of work at site with a capital outlay of Rs. 2850 crore. It is also proposed to raise borrowing upto Rs. 1850 crore.
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