UltraTech Cement to acquire two cement plants from Jaiprakash
By EPR Magazine Editorial December 26, 2014 5:03 pm IST
By EPR Magazine Editorial December 26, 2014 5:03 pm IST
UltraTech Cement Ltd, an Aditya Birla Group company, has decided to acquire cement business of Jaiprakash Associates Limited (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.
The acquisition includes the integrated cement plant with clinker capacity of 2.1 mtpa and cement grinding capacity of 2.6 mtpa at Bela. The other cement plant at Sidhi has capacity of 3.1 mtpa and cement grinding capacity of 2.3 mtpa. Both units have a total of 180 MW power generation capacity.
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By EPR Magazine Editorial December 26, 2014 10:03 am IST
UltraTech Cement Ltd, an Aditya Birla Group company, has decided to acquire cement business of Jaiprakash Associates Limited (JAL) in Madhya Pradesh for an enterprise value of Rs 5,400 crore.
The acquisition includes the integrated cement plant with clinker capacity of 2.1 mtpa and cement grinding capacity of 2.6 mtpa at Bela. The other cement plant at Sidhi has capacity of 3.1 mtpa and cement grinding capacity of 2.3 mtpa. Both units have a total of 180 MW power generation capacity.
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.
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