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Limestone Reserves

An e-auction was conducted by the Odisha government for the Uskalvagu limestone block, situated in Malkangiri district, and spread over an area of 547 hectares, the company said

Updated On: 16 Feb 2023 | 10:55 PM IST

Ambuja Cements Ltd, a part of Adani Cement on Thursday said it has been declared as the 'preferred bidder' for the Uskalvagu limestone block in Odisha. An e-auction was conducted by the Odisha government for the block, situated in Malkangiri district, Ambuja Cements said in regulatory filings. The Adani Group firm has not disclosed the bid amount for the block but said it is spread over an area of 547 hectare with estimated limestone resource of about 141 million tonne. "The company shall get the statutory licences and permits related to mining operations to be declared a successful bidder' and subsequently enter into a Mine Development and Production Agreement (MDPA)' with Government of Odisha to commence the mining operation," it said. Preferred bidders are those who are selected by the vendor with the intention to sell the business or award a contract, subject to the completion of terms and conditions. Ambuja Cements with its subsidiary ACC Ltd has a capacity of 67.5 million to

Updated On: 16 Feb 2023 | 12:55 PM IST

The Odisha cabinet on Thursday approved a proposal to bring lime stone under the purview of Long-Term Linkage (LTL) policy, in a bid to streamline its supply to the industries of the state. These industries will henceforth be getting their lime stone supply through Odisha Mining Corporation Limited (OMC), said Chief Secretary SC Mohapatra. The proposal to bring lime stone under the LTL policy was put forth by Industrial Development Corporation Of Odisha Limited, which has been merged with OMC, Mohapatra explained. Maintaining that the move will enhance limestone production and ensure its optimum utilisation, Mohapatra said the state exchequer, in turn, will be benefited. The cabinet, during the day, also approved financial bids for construction of 40 Lift Irrigation Schemes with intake points on different rivers in the districts of Keonjhar, Kalahandi, Bolangir, Bargarh, Gajpati, Jajpur, Kendrapara, Angul and Cuttack. These projects will be executed with an investment of Rs 1879.61

Updated On: 23 Sep 2022 | 7:07 AM IST

The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka

Updated On: 11 Apr 2022 | 8:53 PM IST

Cement maker ACC Ltd on Thursday said it has been declared as successful bidder for Kannur Limestone Block in Karnataka. Through this mining block, the company has secured estimated limestone resources above 250 million tonnes, ACC said in a statement without disclosing its bid amount. This limestone block is in close proximity to the company's existing Wadi cement plant, it added. ACC, a subsidiary of Swiss building material major Holcim group (earlier LafargeHolcim), had participated in an e-auction of the block, located in Kalburgi district of Karnataka. "Department of Mines & Geology, Government of Karnataka has declared ACC as the successful bidder for Kannur, Wadi Area, Limestone Block in the State of Karnataka, ACC said. On Wednesday, ACC had reported a 40.55 per cent decline in its consolidated net profit to Rs 280.85 crore for the quarter ended on December 31, 2021, due to adverse input inflation. Its revenue from operations in October-December 2021 was up 1.95 per cent

Updated On: 10 Feb 2022 | 3:59 PM IST

The petitioners claim to be residents of the three villages where limestone mining will be undertaken.

Updated On: 27 Feb 2021 | 2:31 PM IST

Several anti-mining and pro-environment groups have expressed strong opposition against the expansion of the mining project

Updated On: 22 Nov 2020 | 8:05 AM IST

Chhattisgarh produced minerals worth Rs 246.93 billion during 2017-18 that fetched Rs 49.11 billion to mineral resources department

Updated On: 27 Jul 2018 | 2:46 PM IST