|Project Location : Lumshong, Jaintia Hills district,|
Star Cement Meghalaya (an indirect subsidiary of Century Plyboards) is planning to set up a Cement Clinker Unit (1.75 Million TPA) and Captive Power Plant (30 MW) at Lumshnong in Khliehriat in Jaintia Hills district of Meghalaya. The proposed will use state- of-the-art pre calciner technology. The project is estimated to cost Rs.6658.1 million. As of November 2009, the project has obtained clearance from ministry of environment and forests.
The company had tied up funds to the tune of Rs. 7450 million through 6 banks. It will also raise another Rs. 1500 million through private equity placements of its subsidiary Cement Manufacturing Co Ltd.