Brief: JSW Cement To Invest About $150 Mln In Fujairah

JSW Holdings

19/07/2018 12:48

July 19 (Reuters) - JSW Cement:
    * TO INVEST NEARLY US$150 MILLION IN FUJAIRAH
    * INVESTMENT IN FUJAIRAH AIMED AT SETTING UP 1 MTPA CLINKER
UNIT,
CAPTIVE POWER PLANT TO SERVICE ENERGY REQUIREMENTS OF CLINKER
UNIT

Source text: 
FUJAIRAH & MUMBAI – July 19, 2018: JSW Cement, India’s leading
producer of green cement and part of US$ 13 billion JSW Group,
will invest nearly US$ 150 million in Fujairah, UAE. The
investment in Fujairah is aimed at setting-up 1 MTPA clinker
unit and a captive power plant to service the energy
requirements of the clinker unit. This investment will be made
through JSW Cement Ltd’s wholly-owned subsidiary, JSW Cement
FZE. The new clinker unit  is part of the JSW Cement’s goal to
achieve 20 MTPA capacity by Year 2020. 


Further company coverage:  JSTL.NS 

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