Dalmia Bharat announced that its subsidiary, Dalmia Cement (Bharat) has commenced the commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity to the companys overall installed capacity. The companys installed cement capacity has now grown to 35.9 MnT. The company acquired the plant for Rs 410 crore and further committed to invest Rs 929 crore for the revival, modernisation, expansion and installing green manufacturing equipment viz Waste Heat Recovery Systems, Solar Power, Green Fuel systems and Robotic Labs for enhanced Quality monitoring. Approx. Rs 900 crore is spent/committed out of a total of INR 1339 crores. The Plant has been turned around in a record time of 15 months from its acquisition under the Insolvency and Bankruptcy Code (IBC) process.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.