Shiva Cement Limited, the Odisha-basedcement company, and a subsidiary of JSW Cement Ltd, will invest over `1,500-crorein a 1.36 million tonne clinker unit project to be established in Sundergarh districtof Odisha. It will fund this investment through a combination of long-term debt and equity.
This project also includes setting up of a 1.0 MTPAgrinding unit, 8.0 MW Waste Heat recovery power plant, 4.0 MTPA crushing plantsat its Dolomite and Limestone mines, 10 Km long Overland Belt Conveyor totransport limestone from the Mines to the manufacturing plant, and own railwaysiding with 12 Km long railway track up to Sagra station to ensure seamlesstransportation of finished goods to the market. The design of the plantincorporates best technologies and will be most-modern and energy-efficientwith waste heat recovery and co-processing unit using alternative fuels.
The project was approved during the Company’s Board Meeting heldlast month.
Shiva Cement has already received some of the Regulatory andstatutory approvals and is on track to obtain other necessary clearances. Once commissioned, this clinker unit will service JSW Cement’smanufacturing facilities across East Region and is expected to create around 500direct and indirect job opportunities. Consequently, Shiva Cement is expectedto become a strategic hub for JSW Cement’s operations in East region of India.
Shiva Cement’s clinker projectcontracts have been awarded to Thyssenkrupp Industries India and Larsen &Toubro. Thyssenkrupp has been contracted to design and supply a new state-of-the-art4,000 tonnes per day capacity Clinkerization unit, while Larsen & Toubrohas been awarded the contract for Civil, Mechanical and Refractory erectionwork of the new clinker unit at Shiva Cement.