Dalmia Cement plans 2 mt cement plant in Bokaro at Rs 577 cr

01 Nov 2021 CW Team

On Friday, Jharkhand Government told the media that Dalmia Cement will set up a 2 million tonne facility at Jharkhand's Bokaro at an evaluated cost of Rs 577 crore.

A statement from the state government said that The Jharkhand government guaranteed land allocation for the cement facility..

The cement producer had shown commitment regarding this during the Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021 in New Delhi on August 28, commissioned by Chief Minister Hemant Soren..

The Jharkhand government has made available 16 acres of land for the project to the firm at Balidih in Bokaro according to the Memorandum of Understanding within the timeframe and the lease deed has been implemented. The firm will invest Rs 577 crore in the development of the plant..

The work on the project will begin in November, and the 2 million tonne plant is scheduled to be made in a year, the statement added..

Eyeing to bring big-ticket investments and make Jharkhand a preeminent hub for the production of electric vehicles, among others, Jharkhand Chief Minister Hemant Soren had earlier proposed sops and facilities to mega industrial players comprising Tatas, Vedanta, SAIL, NTPC and Maruti Suzuki.

Image Source

Also read: Ambuja Cement commences commercial production at Marwar Cement Plant

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..