Dalmia Cement becomes highest bidder for Jharkhand’s 2 coal blocks
Cement

Dalmia Cement becomes highest bidder for Jharkhand’s 2 coal blocks

Dalmia Cement Bharat Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has emerged as the highest bidder for Jharkhand ‘s two coal blocks that were auctioned for commercial usage.

On Tuesday, the Ministry of Coal told the media that Mahanadi Mines and Minerals Pvt Ltd appeared as the highest bidder for a coal block in Odisha, Yazdani Steel And Power Limited, was the highest bidder for another coal mine in the eastern state.

Assam Mineral Development Corporation Limited was the highest bidder for a mine in Assam. Five coal mines were placed for auction on the first day of the auction, as per the statement.

Four coal mines are entirely explored, and one block is partially explored. The complete geological reserve of these five coal mines is 1,188.16 million tonnes. The total peak rated capacity for these coal mines is 5.944 million tonnes per annum.

Currently, Dalmia Bharat is trading at Rs. 1960.05, up by 17.70 points or 0.91% from its last closing of Rs. 1942.35 on the Bombay Stock Exchange (BSE).

Dalmia Bharat Group has emerged as one of the most reputable India's cement manufacturers, contributing to nation-building via adequate capacity creation, consistently high-quality standards, and value-added products.

Image Source

Also read: Dalmia Cement Bharat partners with Jharkhand Govt

Dalmia Cement Bharat Limited (DCBL), a subsidiary of Dalmia Bharat Limited, has emerged as the highest bidder for Jharkhand ‘s two coal blocks that were auctioned for commercial usage. On Tuesday, the Ministry of Coal told the media that Mahanadi Mines and Minerals Pvt Ltd appeared as the highest bidder for a coal block in Odisha, Yazdani Steel And Power Limited, was the highest bidder for another coal mine in the eastern state. Assam Mineral Development Corporation Limited was the highest bidder for a mine in Assam. Five coal mines were placed for auction on the first day of the auction, as per the statement. Four coal mines are entirely explored, and one block is partially explored. The complete geological reserve of these five coal mines is 1,188.16 million tonnes. The total peak rated capacity for these coal mines is 5.944 million tonnes per annum. Currently, Dalmia Bharat is trading at Rs. 1960.05, up by 17.70 points or 0.91% from its last closing of Rs. 1942.35 on the Bombay Stock Exchange (BSE). Dalmia Bharat Group has emerged as one of the most reputable India's cement manufacturers, contributing to nation-building via adequate capacity creation, consistently high-quality standards, and value-added products. Image Source Also read: Dalmia Cement Bharat partners with Jharkhand Govt

Next Story
Infrastructure Transport

NHAI to Upgrade Tamil Nadu Highways

To reduce congestion on key national highways in Tamil Nadu, the National Highways Authority of India (NHAI) has planned capacity upgrades for at least eight highway stretches. The improvements will include bypasses, flyovers, and four-laning in Salem, Coimbatore, Tiruppur, Nilgiris, and Cuddalore. NHAI has invited tenders to appoint consultants for preparing detailed project reports (DPRs) on these expansions. The affected highways include NH-181, NH-81, NH-532, NH-85, and NH-136. Proposed Upgrades Across Highways - NH-181 (Coimbatore-Gundlupet Route): This stretch will see four bypasses an..

Next Story
Infrastructure Transport

Ludhiana-Bathinda Highway Revived as NHAI Invites Bids

The Ludhiana-Bathinda highway project, initially stalled due to land acquisition issues, has been revived as the National Highways Authority of India (NHAI) invites fresh bids to resume construction. The project, part of the Ludhiana-Ajmer Economic Corridor, is estimated to cost Rs 24.61 billion and will be executed in two phases. Package 1, covering 30.03 km, has a budget of Rs 9.06 billion, while Package 2, spanning 45.25 km, is set to cost Rs 15.55 billion. The NHAI had previously withdrawn the project due to unavailability of land. However, intervention from Union Minister for Road Trans..

Next Story
Infrastructure Urban

Dilip Buildcon Wins Rs 460M Arbitration

Infrastructure major Dilip Buildcon has secured an arbitration award of Rs 460 million against the National Highways Authority of India (NHAI) over delays and breaches during the execution of a highway project in Karnataka. The dispute pertains to the Rehabilitation and Upgradation of the Kerala Border to Kollegala Section of NH 212, awarded to Dilip Buildcon under an Engineering, Procurement, and Construction (EPC) agreement dated June 6, 2014. The project involved two-lane expansion with paved shoulders and four-lane development under the National Highways Development Project (NHDP) Phase IV..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?