Indian Manufacturer of Green Cement Expands Capacity to 24.1 MTPA with 3.30 MTPA Nagaur Plant

On Friday, shares of JSW Cement Ltd jumped 1.40 per cent to Rs 116.45 per share from its previous closing of Rs 114.84 per share. The stock’s 52-week high is Rs 162.15 per share and its 52-week low is Rs 106.65 per share. The stock also surged about 3.44 per cent to its Intraday high of Rs 118.79 per share.

Mumbai/Nagaur (Rajasthan), March 19, 2026: JSW Cement, one of India’s leading green cement producers and part of the diversified JSW Group, has marked a significant milestone by commencing production at its state-of-the-art greenfield integrated cement manufacturing plant in Nagaur, Rajasthan. This is the company’s first such facility in North India, strengthening its national expansion strategy.

With this development, the company’s total cement grinding capacity has increased to 24.1 MTPA, while its total clinker manufacturing capacity, including its joint venture JSW Cement FZC, stands at 9.74 MTPA. The Nagaur plant includes a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit. Additionally, a 1.00 MTPA grinding unit is currently under Construction at the same site.

The strategically located facility is expected to cater to high-growth markets including Rajasthan, Haryana, Punjab, and the National Capital Region (NCR). The project has been funded through a mix of equity and long-term debt, with Rs 800 crore allocated from IPO proceeds toward part-financing.

Commenting on the development, Parth Jindal said the commissioning of the Nagaur plant is a pivotal step in transforming the company into a pan-India player and entering the fast-growing North Indian market. He added that the company aims to achieve its capacity target of 41.85 MTPA on or before FY29.

Nilesh Narwekar highlighted that the expansion aligns with the company’s strategic focus on high-growth regions and infrastructure-driven demand. He emphasized the company’s commitment to delivering eco-friendly cement while progressing toward its long-term vision of achieving 60 MTPA capacity.

The Nagaur facility is designed with sustainability at its core. It includes provisions for co-processing alternative fuels and features a 7 km overland belt conveyor to transport limestone, reducing Reliance on road transport. The plant will also incorporate a 16 MW Waste Heat Recovery System (WHRS), aimed at improving energy efficiency and lowering carbon emissions.

JSW Cement operates across the building materials value chain, including cement, ground granulated blast-furnace slag (GGBS), concrete, and construction chemicals. The company currently has eight plants across India and a clinker unit in the UAE through its joint venture.

The company has a market cap of over Rs 15866.84 crore.  The stock has delivered around 9.19 per cent returns from its 52-week low of Rs 106.65 per share.

Disclaimer: The article is for informational purposes only and not investment advice.