Ambuja Cements declared preferred bidder for limestone block in Odisha

Ambuja Cements on Thursday said, it had been declared as the 'preferred bidder' for the Uskalvagu limestone block in Odisha. The company along with its subsidiary ACC has a capacity of 67.5 million tonne with 14 integrated cement manufacturing plants and 16 cement grinding units across the country.

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.

It has not disclosed the bid amount for the block, whose limestone resources are estimated at 141 million tonnes. Preferred bidders are