India’s Shree Cement plans to build 3 more cement plans in Karnataka according to a MoU between the company and the Government of Karnataka.
Shree is one of the TOP3 cement players in India, with 53.4 Mta cement capacity, operating 1 GW of captive power with a focus on green electricity.
1 new integrated cement plant with 3.5 Mta clinker and 3.0 Mta cement capacity shall be commissioned in Kalaburagi by 2026, a 3.0 Mta cement grinding unit shall start by 2028 in the Bengaluru rural district and another integrated plant with clinker capacity of 3.5Mt/yr and an eventual cement capacity of 6Mt/yr, to be commissioned in two phases in the Kalaburagi district by 2030. The projects will not only strengthen Shree Cement’s presence in South India, and also support Karnataka’s vision of becoming a hub for industrial and infrastructural growth.
