Ramco Cements secures land for limestone reserve expansion
Cement

Ramco Cements secures land for limestone reserve expansion

Ramco Cements (RCL) has announced its intention to acquire limestone-bearing lands owned by Prism Johnson (PJL) in order to increase its limestone reserves for cement manufacturing operations. According to the agreement terms, Prism will transfer its land parcels and mining lease to RCL.

It was revealed that the land parcel is situated in Kotapadu and Kalavatla, Kolimigundla Mandal in the Nandyal district of Andhra Pradesh. RCL's Board of Directors has approved the terms and conditions for entering into a definitive agreement with Prism to procure the land parcels, which amount to a total of 1,420.72 acre.

Furthermore, the Board has also given its approval for the transfer of the mining lease granted by the Government of Andhra Pradesh, previously held by Prism, to RCL. The mining lease covers an area of 663.46 hectare.

The completion of this transaction is anticipated to take place by 31 July, 2023.

Also read:
NTPC Green Energy invites bids for Offshore Wind Power Projects in
GUVNL invites bids for 500 MW Wind Power Projects with Greenshoe Option


Ramco Cements (RCL) has announced its intention to acquire limestone-bearing lands owned by Prism Johnson (PJL) in order to increase its limestone reserves for cement manufacturing operations. According to the agreement terms, Prism will transfer its land parcels and mining lease to RCL. It was revealed that the land parcel is situated in Kotapadu and Kalavatla, Kolimigundla Mandal in the Nandyal district of Andhra Pradesh. RCL's Board of Directors has approved the terms and conditions for entering into a definitive agreement with Prism to procure the land parcels, which amount to a total of 1,420.72 acre. Furthermore, the Board has also given its approval for the transfer of the mining lease granted by the Government of Andhra Pradesh, previously held by Prism, to RCL. The mining lease covers an area of 663.46 hectare. The completion of this transaction is anticipated to take place by 31 July, 2023. Also read: NTPC Green Energy invites bids for Offshore Wind Power Projects in GUVNL invites bids for 500 MW Wind Power Projects with Greenshoe Option

Next Story
Infrastructure Urban

Gurugram to Launch Real-Time Waste Collection App in August

The Municipal Corporation of Gurugram (MCG) plans to introduce an app in August that will provide residents with real-time information about waste collection services. Developed by a private firm, the app will allow residents to track the live location of waste collection vehicles, receive updates on expected arrival times, and monitor the vehicles' proximity to their homes. A research team from a private university in Gurugram has been tasked with identifying features to enhance the app's efficiency and transparency in waste management. Their findings, expected within 15 days, will be reviewe..

Next Story
Infrastructure Transport

South India's First Double-Decker Flyover Opens for Trial Run

South India's first double-decker rail-cum-road flyover was partially opened for a trial run officials announced. Deputy Chief Minister and Bengaluru Development Minister D. K. Shivakumar conducted a 'trial walk' on the newly built flyover, which extends from Ragigudda to Central Silk Board and forms part of the Yellow Line of the Bengaluru Metro. Transport Minister Ramalinga Reddy and other officials also participated in the event. Constructed by the Bangalore Metro Rail Corporation Limited (BMRCL) at a cost of Rs 4.49 billion, the flyover is currently open for vehicular movement on only one ..

Next Story
Infrastructure Transport

GMDA to Reconstruct Key Gurugram Road and Build Flyover

The Gurugram Metropolitan Development Authority (GMDA) announced plans to reconstruct a major master sector dividing road from the Dwarka Expressway junction with Sector 86 Road to IMT Manesar at a cost of ?600 million. This road, currently in severe disrepair, will pass through Sectors 84/88, 85/89, 86/90, and 87/92. Additionally, GMDA will build a ?590 million flyover at Dadi Sati Chowk in Sector 86. "The road will be reconstructed similar to Rampura Road, and the tender for this has been floated," stated Arun Dhankhar, GMDA's chief engineer. Special repairs for major roads across Gurugram a..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000