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Shree Cement to set up Rs 452 cr cement grinding mill in Odisha

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Reported by Chinmaya Dehury

Bhubaneswar, June 6:

Shree Cement, manufacturer of Bangur Cement, has proposed to establish a 3 million tonne per annum (MTPA) cement grinding mill in Odisha’s Dhenkanal district with an investment of Rs 452.55 crore.

The Rajasthan based company has proposed to set up the grinding mill at Odapada of the district as it wants to use fly-ash generated from the nearby power plants at its cement mill.

“The proposed location at Odapada would be ideal for the cement grinding unit as the ash generated from industries in the locality such as Bhushan Steel, GMR (Kamalanga), Lanco Badbandh Power and Navabharat Ventures can be effectively utilised by the proposed unit for producing cement,” said the project proposal of Shree Cement.

Odisha Industrial Infrastructure Development Corporation (IDCO) has asked the district administration to identify a suitable piece of land for the cement mil, which would require about 60 acre of lan.,

It is to be noted that Shree Cement’s had proposed to set up a cement project in Malkangiri district with an investment proposal of Rs 683 crore. The proposal was approved by the single window committee in 2010.