Wonder Cement, a cement manufacturing subsidiary of the Rajasthan based RK Group, has reportedly announced to have invested around INR 450 Crore to construct a clinker grinding unit in Maharashtra. As per trusted sources, the new facility would be set up at Nardana which is about 30 km from Dhule.
Sources familiar with the development claim that the new unit would have a capacity of about 2 million tons per annum. Reportedly, the firm’s production capacity would increase to 8.75 million tons per annum following the commencement of the Dhule facility. The current production capacity of the firm stands at 6.75 million tons per annum, cite sources.
Speaking on the inauguration of the new facility, Managing Director of Wonder Cement, JC Toshniwal was reportedly quoted stating that the Dhule unit would begin operations from Monday itself and would distribute cement predominantly in Maharashtra. He further added that the new unit marks the foray of Wonder Cement in the state with major supply likely to be directed toward Mumbai, Pune, Thane, and North Maharashtra along with a minimal quantity supplied to Madhya Pradesh.
Reportedly, the clinker required for the new facility would be supplied from the Nimbahera unit in Rajasthan. Flyash, another raw material required for producing cement, is planned to be sourced from a thermal power plant nearby, while Gypsum is to be sourced from Gujarat. The firm has further planned to develop a railway siding for the new facility. As per authentic sources, the new unit is in addition to the earlier declared plan to invest INR 2,500 Crore by the end of the financial year 2020.
For the record, the firm is reportedly constructing a third clinker unit of about 2.5 million tons per annum in Nimbahera, Rajasthan. The civil works for the third facility are in progress and the firm plans to commission the unit by the middle of next year, Toshniwal elaborated.