Jaypee’s Gujarat cement plant commissioned
The Chief Minister of Gujarat, Shri Narendra Modi has dedicated Jaiprakash Associates’ cement plant in Sewagram, Kutch, Gujarat, to the nation.
Jaiprakash Associates Ltd (JAL), the flagship company of the well diversified industrial conglomerate Jaypee Group has made an investment of Rs 1500 crore in the first phase of Gujarat Cement project and commissioned this 2.4 MTPA cement plant.
The Greenfield plant was completed in a record time of 33 months after the acquisition of land in end of 2006. The project during the construction phase has generated employment opportunities in excess of 3000 people.
Commenting on the occasion, Shri Jaiprakash Gaur, founder of the Jaypee Group said, “Gujarat is a vibrant state with good growth impetus. It is poised to take a big leap forward with a philosophy to make development a mass movement. Jaypee Group synonymous to its tag-line – “No dream too big” is proud to be associated with Gujarat and to be a part of the development of the state in particular and economy in general. I am indeed delighted that our cement plant has been dedicated to the nation by Hon’ble CM of Gujarat, Shri Narendra Modiji.
I am confident that with government and administration support, JAL will add to the development of the state by creating employment opportunities, infrastructure development etc. and thus overall socio economic growth of the region”.
Apart from having state-of-the-art technology, cement plant will also have an emergency backup of 35 MW DG power has a 100% captive thermal power generation plant that will generate 22 MW in the first phase and 50 MW in the second phase. In order to desalinate the saline water around the cement plant, a captive water desalination plant has been installed with a capacity of 2200 cu m per day in the first phase and 3800 cu m per day in the second phase.
“The demand for cement in western part of India has been growing and is expected to grow by 10-12% in next four-six months, with this new cement plant I am sure that we will able to garner good market in burgeoning western part of India.
The CAGR of JAL’s cement division has been tremendous and it gives me immense pleasure to reiterate the fact that JAL would be achieving one of the highest organic growths in cement industry worldwide. In FY 08 we had total installed capacity of 9 MTPA and we are poised to take the same to 35.55 MTPA by FY12 with an aim to achieve combined cement capacity of 22.80 MTPA by the end of the current fiscal”, added Shri Gaur.