Sagar Cements expects commissioning of its greenfield units by Q2FY22
January 27, 2021
Sreekanth Reddy, Joint Managing Director, Sagar Cements×
Sagar Cements Ltd is expecting Greenfield units of Satguru Cement Pvt. Ltd and Jajpur Cements Pvt. Ltd to be commissioned in the second quarter of next fiscal.
According to Sreekanth Reddy, Joint Managing Director, Sagar Cements the work ”is progressing as per schedule” and the company expects the units to be commissioned before the end of Q2 FY22.
Hyderabad-based Sagar Cements announced the acquisition of 100 per cent stake in Odisha-based Jajpur Cements Private Ltd (JCPL) besides a 65 per cent stake in Indore-based Satguru Cements Private Ltd (SCPL).