 "cements")
JSW Cement has deferred its expansion plans by six to 12 months as well as plans of listing on the bourses.
The company had earlier earmarked around Rs 2,900 crore to fund its expansion, namely brownfield and some other organic projects, to raise the installed capacity from around 14 million tonne per annum (mtpa) to 25 mtpa by 2023. Around 50 per cent of the capital outlay is being funded by debt and the rest from internal accruals.
“As a result of the current economic situation, our expansion plans are being deferred by six to 12 months. But these will
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