Dalmia Cement Bharat partners with Jharkhand Govt

15 Dec 2021 CW Team

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.

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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

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