PROJECT

Projects

Summary of Investment Information

Project Number

32057

Company Name

OCL INDIA LIMITED

Date SPI Disclosed

Oct 20, 2012

Country

India

Region

South Asia

Projected Board Date

Dec 20, 2012

Environmental Category

A - Significant

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : Dec 20, 2012
Signed : Feb 6, 2013
Invested : Jun 20, 2013

Sector

Cement

Project Description

OCL India Limited (“OCL” or the “Company”) is an existing IFC client and a leading cement producer in eastern India with a capacity of 3.8 million tons per annum (MTPA). The Company started manufacturing cement in 1952. OCL also manufactures refractories.

OCL proposes to setup a 1.35 million tons per annum (MTPA) greenfield cement grinding unit at Medinipur, West Bengal (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation