New Delhi, Apr 2 (PTI) Leading cement manufacturer Shree Cement has commissioned its new grinding unit at Etah, UP, with an annual capacity of 3 million tonnes per annum (MTPA).

The Bangur family promoted firm has invested Rs 850 crore on this greenfield facility, which is expected to create more than 500 direct and indirect employment opportunities, according to a company statement.

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The strategic location of the unit, close to railway infrastructure, enables cost-effective transportation of raw materials from Rajasthan, while cement dispatch will leverage both roadways and railways, it added.

Additionally, the plant has collaborated with an adjoining Jawaharpur Thermal Power Plant to consume its 100 per cent fly ash waste -- about 5,000 tonnes per day, enhancing operational efficiencies.

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Commenting on the development, its Managing Director Neeraj Akhoury said, "At Shree Cement, we are committed to supporting Uttar Pradesh's rapid infrastructure and housing development."

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)