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Dalmia Cement

Dalmia Cement (Bharat) commences commercial production at Murli

Dalmia Cement (Bharat) (DCBL), (Dalmia Bharat group), has commenced commercial production at its Murli cement plant in Chandrapur district, Maharashtra, India.

The company acquired the plant for INR4100m (US$55.2m) and further committed to invest INR9290m for the revival, modernisation, expansion and installing green manufacturing equipment such as waste heat recovery systems, solar power, green fuel systems and robotic labs for enhanced quality monitoring. The plant has been turned around in a record time of 15 months from its acquisition under the Insolvency and Bankruptcy Code (IBC) process.

With this, DCBL has added 2.9Mta cement capacity to the company’s overall installed capacity. Its installed cement capacity has now grown to 35.9Mta.

In addition, DCBL has unveiled its long-term growth and investment strategy to expand its installed cement capacity across the nation to 110-130Mta by 2031. The growth strategy is being executed through a mix of organic and inorganic opportunities with an inclination towards a more planned and cost-effective organic route. DCBL is the the fourth-largest cement manufacturing group in India by installed capacity.

Dalmia Bharat to invest Rs 758 cr in Jharkhand

Dalmia Bharat said its subsidiary, Dalmia Cement (Bharat), signed three memorandum of understandings with the government of Jharkhand to invest Rs 758 crore in the state.

Dalmia Cement will invest Rs 500 crore in its manufacturing unit at Jharkhand Industrial Area Development Authority Bokaro. In addition to expanding its existing capacity of 3.7 mnt through debottlenecking, the company plans to set up a new grinding unit, taking the overall cement manufacturing capacity at Bokaro to 6.3mtpa.

The company has signed a pact with the government of Jharkhand to set up a solar power plant to provide clean energy to the state. It will further invest Rs 250 crore for establishing the solar power plant. Besides this, another MoU was signed for solid waste management wherein the company will invest Rs 8 crore for setting up material recover facility and legacy waste-bio mining activity for solid waste management under Ranchi Municipal Corporation.

Earlier this month, Dalmia Bharat had unveiled a long-term plan to grow its cement capacity in the country. It plans to raise its cement manufacturing capacity to 110-130 million tonnes per annum by 2031, which would be done through a mix of organic & inorganic opportunities with an inclination towards the more planned & cost-effective organic route. The company will expand into new regions of operations while consolidating its position in its existing markets.