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News Shree Cement breaks ground on Etah and Prayagraj cement plant projects

Shree Cement breaks ground on Etah and Prayagraj cement plant projects

Written by Global Cement staff 23 February 2024
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India: Shree Cement has begun construction of two new 3.5Mt/yr cement plants at Etah and Prayagraj in Uttar Pradesh. The Hindustan Times newspaper has reported that the projects represent the company’s delivery on a memorandum of understanding (MoU) with the Uttar Pradesh government, that it signed in February 2023. The producer aims to reach 9Mt/yr in installed capacity in Uttar Pradesh by February 2026, with estimated investments of US$241m. It currently operates a 2Mt/yr integrated cement plant at Bulandshahr.

The company said "The company’s 3.5Mt/yr plant in Etah is expected to be operational in the next 12 months, while another 3.5Mt/yr plant will be set up in Prayagraj, targeting production commencement in 24 months."

Last modified on 28 February 2024
Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • Uttar Pradesh
  • Plant
  • Memorandum of Understanding
  • growth
  • target
  • GCW648
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