Wonder Cement

Wonder Cement, part of the RK Group, set up its third cement plant at Nimbahera in Rajasthan's Chittorgarh district, built with an investment of Rs.11 billion, increasing total production capacity to 11 mtpa.

Wonder Cement commissioned its third cement plant at Nimbahera, Rajasthan, increasing total capacity to 11 million tonnes per annum. The plant was built with an investment of ₹1,100 crore.

Blackstone Group and Temasek Holdings are in talks to buy a 15-20% stake in Wonder Cement for Rs 10 billion. The funds would be used to increase capacity from 6.75 mtpa to 11 mtpa by FY2019.

Wonder Cement is setting up a third clinker facility of about 2.5 million tonnes per annum in Nimbahera, Rajasthan, with civil works underway and commissioning expected by mid-2019.

Wonder Cement invested about ₹450 crore to set up a 2-million tonne per annum clinker grinding unit in Dhule, Maharashtra, which commenced operations on August 20, 2018. This marks the company's entry into Maharashtra.