Ambuja Cements, part of Adani Cement, has been declared as the 'Preferred bidder' for the Uskalvagu limestone block in an e-auction conducted by the Government of Odisha.
The block is situated in Malkangiri District, Odisha over an area of ~547 Hectare with estimated limestone resource of ~141 million tonnes having average CaO content of 43.74%.
The company shall get the statutory licenses 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
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