Cement News tagged under: Dalmia Cement (Bharat)

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NCLT approves Dalmia's acquisition of Murli Industries with conditions

11 July 2019, Published under Cement News

India’s Dalmia Cement (Bharat) has received approval from National Company Law Tribunal (NCLT) Mumbai regarding its offer to save Murli Industries from liquidation. However, the assembly has outlined certain conditions for the deal. The liquidation value of Murli’s assets is INR2.31bn (US$33.6m) while Dalmia has offered INR4.02bn for the acquisition of its 3Mta cement manufacturing business in Maharashtra. The offer will see banks receive INR3.8bn out of the INR27.83bn due, according to Th...

Dalmia Cement plans new 2.5Mta project

08 February 2019, Published under Cement News

India’s Dalmia Cement (Bharat) has announced plans to set up a new facility at Jamuna village in Satna district of Madhya Pradesh. The project is worth an estimated INR18.75bn (US$263.16m), and is expected to produce 3Mta of clinker and 2.5Mta of cement. The plans also include the construction of a 15MW WHR plant alongside the main unit. While the company is waiting environmental clearance, work is expected to commence by September 2019.

Dalmia Cement receives public consent on Kapilas plant

28 November 2018, Published under Cement News

India’s Dalmia Cement (Bharat) Ltd has receive the support of the local population for the proposed new cement works at Kapilas Cement Manufacturing Works in a public hearing held at Suniapada on 27 November. The new plant will meet the increasing demand for cement in eastern India and the public consent will support the company’s bid for environmental clearance to set up the plant. Earlier Dalmia had applied to the state government to set up a new 2.5Mta works, lifting capacity at Kapilas...

Dalmia Cement plans to double capacity in east

27 August 2018, Published under Cement News

Dalmia Cement (Bharat) Ltd, India, plans to double its cement manufacturing capacity in the east to 17Mta in 24 months at a total investment of INR35,000m (US$499m), said a top official according to The Hindu. “Currently, we have four units operating in the east producing 8.5 million tonnes of cement annually,” said Mahendra Singhi, group CEO, cement and whole-time director, DCBL. “As part of our expansion plan, we have decided to put up two new units in Odisha and one each in Bihar an...