Dalmia Cement Bharat partners with Jharkhand Govt
Cement

Dalmia Cement Bharat partners with Jharkhand Govt

Dalmia Cement, a major player in the cement industry in India, announced its partnership with 16 villages along with six Gram Panchayats in Bokaro District, Jharkhand. The purpose was to take various social and climate projects that would impact over 20,000 people in the state.

A Memoranda of Understanding has been recently signed with the Jharkhand government by the company. This was done for making an all-inclusive investment of Rs 758 crore for growth and development.

The investments include establishing a grinding unit of Rs 567 crore for adding a capacity of 2.6 MTPA. This will increase the unit's overall capacity to 6.3 MTPA.

Furthermore, the investments include establishing a solar plant for rupees 250 crore to reduce the carbon footprint. The investment includes a Material Recovery Facility and Legacy Waste-Bio Mining activity for Rs 8 crore. The purpose is proper solid waste management under the Ranchi Municipal Corporation.

The company is also looking forward to making more investments for protecting the environment and creating a social impact, Dalmia Bharat Managing Director, Puneet Dalmia. He further stated that they are excited and looking forward to their partnership.

Image Source

Also read: Dalmia Cement plans 2 mt cement plant in Bokaro at Rs 577 cr
Also read: Dalmia Cement signs MoUs with Jharkhand to invest Rs.7.58 bn in state

Dalmia Cement, a major player in the cement industry in India, announced its partnership with 16 villages along with six Gram Panchayats in Bokaro District, Jharkhand. The purpose was to take various social and climate projects that would impact over 20,000 people in the state. A Memoranda of Understanding has been recently signed with the Jharkhand government by the company. This was done for making an all-inclusive investment of Rs 758 crore for growth and development. The investments include establishing a grinding unit of Rs 567 crore for adding a capacity of 2.6 MTPA. This will increase the unit's overall capacity to 6.3 MTPA. Furthermore, the investments include establishing a solar plant for rupees 250 crore to reduce the carbon footprint. The investment includes a Material Recovery Facility and Legacy Waste-Bio Mining activity for Rs 8 crore. The purpose is proper solid waste management under the Ranchi Municipal Corporation. The company is also looking forward to making more investments for protecting the environment and creating a social impact, Dalmia Bharat Managing Director, Puneet Dalmia. He further stated that they are excited and looking forward to their partnership. Image Source Also read: Dalmia Cement plans 2 mt cement plant in Bokaro at Rs 577 cr Also read: Dalmia Cement signs MoUs with Jharkhand to invest Rs.7.58 bn in state

Next Story
Infrastructure Urban

Budget 2025: Key Highlights

On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term.Sitharaman emphasised that the budget focuses on driving growth towards a “Viksit Bharat” (Developed India), with the country maintaining its position as the fastest-growing major economy. She outlined the government’s commitment to inclusive development, im..

Next Story
Infrastructure Urban

Budget 2025-26: Industry reactions

Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage.Here’s what industry has to say about various announcements and initiatives announced in the budget:Real Estate“The Union Budget 2025 is a game-changer, reinforcing India's commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with Rs 15,000 crore will accelerate the completion of stalled housing projects, b..

Next Story
Infrastructure Urban

Budget 2025: Key Announcements Impacting Real Estate

Key takeaways for the real estate sector include:• Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will retain nearly 50 per cent of existing provisions while introducing personal tax reforms and rationalising TDS and TCS regimes by streamlining rates and thresholds.• Tax benefits for residential property investors: Investors can now claim nil valuation for..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000