UtraTech Cement secure order of Rs 210.13 mn by Chhattisgarh Govt
Cement

UtraTech Cement secure order of Rs 210.13 mn by Chhattisgarh Govt

UltraTech Cement, the foremost cement manufacturer in the country, announced that it had been issued a demand order of Rs 210.13 million by the Chhattisgarh government for failing to adhere to the minimum production requirements.

UltraTech stated that the demand order originated from the Collector of Balodabazar, Mining Department, Chhattisgarh, pertaining to an amount of Rs 210.13 million against the minimum production requirement stipulated in the Mine Development and Production Agreement (MDPA).

Regarding the alleged violations, the company mentioned that the production was not executed in accordance with the MDPA.

UltraTech operates a grey cement manufacturing unit in Baloda Bazar, Bhatapara, Chhattisgarh.

The company possesses a consolidated capacity of 146.2 million tonnes per annum of grey cement, positioning it as the third-largest cement producer globally, excluding China.

UltraTech Cement, the foremost cement manufacturer in the country, announced that it had been issued a demand order of Rs 210.13 million by the Chhattisgarh government for failing to adhere to the minimum production requirements. UltraTech stated that the demand order originated from the Collector of Balodabazar, Mining Department, Chhattisgarh, pertaining to an amount of Rs 210.13 million against the minimum production requirement stipulated in the Mine Development and Production Agreement (MDPA). Regarding the alleged violations, the company mentioned that the production was not executed in accordance with the MDPA. UltraTech operates a grey cement manufacturing unit in Baloda Bazar, Bhatapara, Chhattisgarh. The company possesses a consolidated capacity of 146.2 million tonnes per annum of grey cement, positioning it as the third-largest cement producer globally, excluding China.

Next Story
Infrastructure Urban

DARPG Releases 31st CPGRAMS Report for February 2025

The Department of Administrative Reforms and Public Grievances (DARPG) has released the 31st monthly report on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) for States and Union Territories (UTs) for February 2025. The report provides insights into the volume of grievances received, disposal rates, and major grievance categories across different states and UTs. Key Highlights from the Report Grievance Statistics: A total of 52,464 grievances were received in February 2025. 50,088 grievances were redressed during the month. As of 28th February 2025, the total pen..

Next Story
Infrastructure Urban

CCI Approves Hindustan Unilever’s Acquisition of Uprising Science

The Competition Commission of India (CCI) has granted approval for the acquisition of Uprising Science Private Limited by Hindustan Unilever Limited (HUL). Transaction Details The acquisition involves HUL acquiring a 90.5% stake in Uprising Science Private Limited. The remaining 9.5% shareholding will be acquired within two years from the completion date, as outlined in the Share Purchase & Subscription Agreement between HUL and the target company. About Hindustan Unilever Limited (HUL) HUL is a leading FMCG company engaged in the manufacture and sale of: Home care products Beauty & per..

Next Story
Infrastructure Urban

CCI Approves Bain Capital’s Investment

The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV Limited and BC Asia Investments XVI Limited. Transaction Details The acquisition involves BC Asia Investments XV Limited and BC Asia Investments XVI Limited acquiring a stake in DTPL. The transaction also includes certain inter-connected agreements as part of the investment structure. About the Acquirers – Bain Capital Entities BC Asia Investments XV Limited and BC Asia Investments XVI Limited are indirectly owned and cont..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?