Binani Cement Ltd are looking at applying for limestone reserves in Orissa
state. These firms had also expressed interest in forming a joint venture
with National Aluminium Co. (Nalco) to install a grinding unit to
manufacture fly-ash cement in Angur in Orissa.
“Right now, we can only set up a grinding unit. Once we get a go ahead to
put grinding unit from Nalco, we will ask Orissa government for limestone
reserves,” says H.M. Bangur, joint managing director of Shree Cement.
“We have made a bid to Nalco. We have also applied for a mining (limestone)
lease. We hope to get it so that we can have a plant with 1mtpa capacity,”
said A.K. Saraogi, president (corporate affairs) and chief financial officer
of JK Cement. Nalco officials could not be reached for a comment.
“We have had the first round of talks with the Nalco officials. We are
looking at setting up a composite cement manufacturing unit with a 2Mta
capacity. When once we get JV indication from Nalco, we will apply for
limestone mining licence as well,” said Vinod Juneja, joint managing
director of Binani Cement.
