Dalmia Cement

Vedanta Aluminium on Tuesday said it has entered into a long-term pact with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under the pact, Vedanta's mega aluminium smelter at Jharsuguda, Odisha will supply around 20 rakes of fly ash every month for five years to Dalmia Cement's manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam, and spent pot lining (SPL) for three years to the company's plant at Rajgangpur, Odisha. Vedanta Aluminium is a preferred supplier of high-quality fly ash to some of the country's leading cement producers, fostering industrial collaboration for the production of low-carbon cement, the company said in a statement. "Strategic collaborations such as this will provide multiple benefits in terms of enhanced quality, sustainability and cost benefits to cement manufacturing, while helping us in gainful waste management. "Our waste-to-wealth initiatives are designed to develop .

The Competition Commission of India on Wednesday approved the acquisition of certain assets of Jaiprakash Associates Ltd and its associate by Dalmia Cement (Bharat) Ltd. The proposed combination relating to acquisition of clinker, cement and power plants belonging to Jaiprakash Associates Ltd and its associate by the Dalmia Cement (Bharat) Ltd, according to an official release. Dalmia Cement (Bharat) Ltd is a wholly-owned subsidiary of Dalmia Bharat Ltd (DBL). DBL engages in the business of manufacture and sale of cement, sugar and refractory services. DBL is the ultimate parent entity of the Dalmia Bharat Group. The assets are engaged in the manufacture and sale of clinker, grey cement and thermal power generation in the states of Madhya Pradesh, Uttar Pradesh and Chhattisgarh. Deals beyond a certain threshold have to be approved by CCI, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.

Shree Cement adding 9 mtpa of capacity in the next 15 months, HM Bangur says; total cement production capacity of company to jump to 56.4 mtpa...

Deal will give buyer entry into high-growth markets of UP and MP, may turn the firm into a net debt company from almost debt free now

'Large cement plants in India on an average use 30-40 per cent less energy per tonne of cement than the world average'

Dalmia Cement Bharat Ltd has emerged as the highest bidder for two coal blocks in Jharkhand that were auctioned for commercial use. While Mahanadi Mines and Minerals Pvt Ltd emerged as the highest bidder for a coal block in Odisha, Yazdani Steel And Power Ltd was the highest bidder for another coal mine in the eastern state, coal ministry said in a statement on Tuesday. Assam Mineral Development Corp Ltd was the higest bidder for a mine in Assam. Five coal mines were put up for auction on the first day of the auction, the statement said. Four coal mines are fully explored and one block is partially explored. The total geological reserve of these five coal mines is 1,188.16 million tonnes. The cumulative peak rated capacity for these coal mines is 5.944 million tonnes per annum.

Cement demand was not strong in the first half of FY22, but Dalmia Cement expects that to change from December as the vaccination drive ramps up

The work on the project will commence in November

Sources said, the settlement amount was under Rs 100 crore

The cement company is guided by RBI norms and directions, and there stands a strong legal ground for quashing of the NCLT order

This comes after the Committee of Creditors on Thursday downplayed the alleged fraud by Binani's promoters, saying it was not related to the sale process

Company sees it as a better time to buy rather than build its own cement assets; Binani deal, in which UltraTech is a hurdle, will boost its capacity to 40 mn tonnes

Dalmia Cement's bid for Binani was the best received by the resolution professional and the committee of creditors

Dalmia Bharat Cement, which manages OCL India Limited in the state, markets cement under the brand name of Konark