Dalmia Cement signs MoUs with Jharkhand to invest 758 cr in the state

31 Aug 2021 CW Team

Dalmia Cement (Bharat) has signed three memorandums of understanding (MoUs) with the Jharkhand government to invest Rs 758 crore in the state.

The company would spend Rs 500 crore in the regulatory filing in its production unit at Jharkhand Industrial Area Development Authority (JIAD) Bokaro. Besides expanding its current capacity of 3.7 mmt by debottlenecking, the firm plans to establish a new grinding unit, taking the total cement producing capacity at Bokaro to 6.3 mtpa.

Dalmia Cement has also signed an agreement with the Jharkhand government to establish a solar power plant to supply clean energy to the state.

Therefore, Dalmia Cement would spend Rs 250 crore for setting up the solar plant. Apart from this, it also signed one additional MoU for solid waste management. The firm would invest Rs 8 crore for building Material Recovery Facility and Legacy waste-Bio Mining activity under Ranchi Municipal Corporation (RMC).

Chief Minister Hemant Soren was present during the signing of the three MoUs. The investments of Dalmia Bharat would also create direct/indirect employment opportunities in the state.

Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat) Limited, told the media that the demand for cement is growing fast due to the increasing infrastructure investments by the government.

Singhi the firm would reach a step closer to their increasing cement capacity plan to 48.5 million tonne by FY24 from 30.75 million tonne in FY21.

Dalmia Cement would proceed to make significant investments to increase its Corporate Social Responsibility (CSR) initiatives in the region for the social upliftment of the people.

Image Source

Also read: Dalmia Cement plans to expand cement capacity in East

Real Estate

03 Sep 2025

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

Agami Realty Enters Mumbai's Luxury Market

Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

Hafele Launches Its Third Licht Experience Centre in India

Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..