SHREE CEMENT LIMITED has informed the Exchange regarding 'Company has today (i.e. on 20th April, 2025)commissioned a Clinker Grinding Unit of 3.40 MTPA by way of brownfield expansion at BalodaBazar, Raipur, Chhattisgarh.'.
SHREECEM · price
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Shree Cement has commissioned a new Clinker Grinding Unit with a capacity of 3.40 Million Tonnes Per Annum (MTPA) at its existing facility in Baloda Bazar, Raipur, Chhattisgarh. The expansion was carried out as a brownfield project, meaning it was added to an already operational site rather than built from scratch. The commissioning took place on 20th April 2025. This adds to the company's clinker grinding capacity in a key central Indian market. Brownfield expansions typically cost less and come online faster than new plants.
Positive for shareholders as the new capacity will boost production volumes and help capture market share in central India. The brownfield route means quicker ramp-up and lower execution risk, which should support revenue growth in the coming quarters.