Dalmia Bharat’s arm commences commercial production at Murli Plant in Maharashtra

17 Jan 2022 Evaluate

Dalmia Bharat’s subsidiary -- Dalmia Cement (Bharat) has commenced commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity to the company’s overall installed capacity. The company’s 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, modernization, expansion and installing green manufacturing equipment viz Waste Heat Recovery Systems, Solar Power, Green Fuel systems and Robotic Labs for enhanced Quality monitoring. Approximately Rs 900 crore is spent/committed out of a total of Rs 1339 crore. The Plant has been turned around in a record time of 15 months from its acquisition under the Insolvency and Bankruptcy Code (IBC) process.

Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.

Dalmia Bharat Share Price

1787.25 -15.75 (-0.87%)
23-Dec-2024 11:46 View Price Chart
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Company Name CMP
Ultratech Cement 11509.55
Ambuja Cement 552.05
ACC 2105.15
Shree Cement 27221.25
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