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Shiva Cement to infuse over Rs 1,500 cr in new clinker project at Odisha

Wednesday, 25 Nov 2020
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Shiva Cement, the Odisha-based cement company, and a subsidiary of JSW Cement, will make an investment of over Rs 1,500 crore in new clinker project. 
 
The clinker unit with a capacity of 1.36 million tonne will be established in Sundergarh district of Odisha. The company will fund the investment through a combination of long-term debt and equity. 
 
The project also includes setting up one million tpa grinding unit, eight MW waste heat recovery power plant, four million tpa crushing plants at its dolomite and limestone mines, 10 km long overland belt conveyor to transport limestone from mines to manufacturing plant and own railway siding with 12 km long railway track upto Sagra station to ensure seamless transportation of finished goods to the market. 
 
The design of the plant incorporates best technologies and will be most-modern and energy-efficient with waste heat recovery and co-processing unit using alternative fuels.  
 
The project was approved during the company’s Board Meeting held in October 2020. The company has already received some of the regulatory and statutory approvals and is on track to obtain other necessary clearances. 
 
Once commissioned, the clinker unit will service JSW Cement’s manufacturing facilities across east region and is expected to create around 500 direct and indirect job opportunities. Consequently, the company is expected to become a strategic hub for JSW Cement’s operations in the east region of India.
 
The company expects to commission the clinker unit by the end of FY22. 
 
Shiva Cement’s clinker project contracts have been awarded to Thyssenkrupp Industries India and Larsen & Toubro. 
 
Thyssenkrupp has been contracted to design and supply a new state-of-the-art 4,000 tpd capacity clinkerisation unit. Larsen & Toubro has been awarded the contract for civil, mechanical and refractory erection work of the new clinker unit. 
 
For JSW Cement, the new clinker unit being established by Shiva Cement is part of its strategic roadmap to achieve 25 million tpa capacity by 2025, with a special focus on scaling up its presence in the Eastern region of India.

 

 
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