Shree Cement proposes Rs 7,107 crore plant at Jammalamadugu
Kolkata-based Shree Cement Limited has expressed interest in setting up an integrated cement plant at Jammalamadugu in YSR Kadapa district with an investment of Rs 7,107 crore. It proposed investing in two phases, creating 1,102 jobs, and sought 452 acres for a unit producing 6 million tonnes annually. The firm already holds limestone mines over 373 hectares near Dommaranandyala. SIPC, meeting Monday under Chief Secretary Sai Prasad, discussed proposals worth Rs 23,994 crore and 11,289 jobs, deciding to send them to SIPB.