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Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. In 2015, Orient Cement started commercial production at its integrated cement plant located at Chittapur, Gulbarga, Karnataka.
Orient Cement will buy a 74 percent stake in Jaiprakash's Bhilai cement plant for Rs 1,450 crore and pay Rs 500 crore for the Nigrie cement grinding unit, both companies said in separate media statements. The boards of Orient Cement and Jaiprakash cleared the transactions on Thursday.
Orient Cement Ltd, part of the CK Birla Group, had on October 6 said that it had agreed to buy two cement assets of the debt-ridden Jaypee Group in Chhattisgarh and Madhya Pradesh for Rs 1,950 crore. These include Bhilai Jaypee Cement, in which Orient is acquiring 74 per cent stake for Rs 1,450 crore, and the Nigrie cement grinding unit in ...
CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 ...
Orient Cement acquired Jaiprakash Associates' 2.1 million tonnes (MT) cement plant at Bhilai and 2 MT grinding unit at Nigri. The enterprise value (EV) for the Bhilai asset is $98 per tonne and the Nigri unit is $37 per tonne. The deal also includes the acquisition of 1.1 MT of clinker at Babupur, Madhya Pradesh.
New Delhi: The CK Birla group-owned Orient Cement said on Thursday that it will acquire a 74% stake in a cement joint venture of debt-laden Jaiprakash Associates (JAL) and a grinding unit from Jaiprakash Power Ventures (JPVL) in deals worth Rs 1,950 crore.
Cement grinding is being carried out in closed cement mill having high efficiency bag filters. Stack emission from various sources is well within the prescribed limit. Being a standalone grinding unit, we are continuously monitoring the SPM from various stacks to confirm the emission level within 30 mg/Nm3. Continuous Online monitors have
Orient Cement Ltd. key Products/Revenue Segments include Cement, Scrap and Power for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Standalone Total Income of Rs 616.12 Crore, down -11.09 % from last quarter Total Income of Rs 693.00 Crore and up 28.31 % from last year same quarter Total …
Topcem India to set up cement grinding unit at Gauripur. Topcem India is planning to set up a Cement Grinding Unit (PPC/ OPC, 0.66 MTPA) at Gauripur in Kamrup district of Assam. The project is estimated to cost Rs.13.164 million. The project has obtained statutory clearances.
Orient and Jaiprakash had first agreed on the deal in October 2016. Orient was to acquire Jaiprakash's 74% stake in its joint venture with SAIL, Bhilai Jaypee Cement Ltd, for an enterprise value of Rs 1,450 crore. The other …
CK Birla group firm Orient Cement Ltd said on Thursday it has terminated a deal to buy two cement assets from Jaiprakash Associates Ltd. The company had, on 31 May 2017, signed definitive agreements with Jaiprakash to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from a group firm.
Orient cement has its manufacturing facilities located in Devapur (integrated clinker and grinding plant) and Jalgaon (split cement grinding unit) catering to two key markets – Andhra Pradesh and Maharashtra. Despite having a capacity of 3 MTPA (60%) in Telangana and 2 MTPA (40%) in Maharashtra, the sales in Maharashtra contribute to about 65% of its …
Orient Cement Inks Mou For Setting Up Cement Grinding Unit. Orient cement inks mou for setting up cement grinding unit in maharashtra. friday, 24 sep 2021. orient cement has identified land admeasuring approximately 35 acre in tiroda, gondia district of maharashtra for exploring the possibility of establishing a cement grinding unit in the state. in this regard, the …
Orient Cement Ltd says it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs1,946 crore
New Delhi: The CK Birla group-owned Orient Cement said on Thursday that it will acquire a 74% stake in a cement joint venture of debt-laden Jaiprakash Associates (JAL) and a grinding unit from ...
Orient Cement ORICEM) BUY Value play in cement space! Orient Cement is a mid-sized (8 MT capacity) cost-efficient player in the ... The Jalgaon plant has 2 MT grinding unit. It sources fly ash from NTPC's Bhusawal thermal power plant, located at …
Orient Cement (Buy) CMP: ₹165.75. Target: ₹226. ... (2.2 mtpa) and Nigrie's cement grinding unit (2 mtpa) at an EV of ₹1,450 crore and ₹500 crore respectively (implying an EV/tn of $100 ...
Orient will buy a 74 per stake in Bhilai which is a joint venture between Jaiprakash Associates Ltd (JAL) and Steel Authority of India Ltd (SAIL). Bhilai has an integrated PSC cement capacity of 2.2Mta consisting of a clinker unit in Satna area in Madhya Pradesh and a grinding unit in Bhilai, Chhattisgarh.
Orient Cement: The company has identified land admeasuring approximately 35 acres in Maharashtra, for establishing a Cement Grinding Unit. In this regard, Orient Cement has entered into a non-binding MoU with Adani Power Maharashtra, the lawful lessee, for facilitating bona fide use of the land for setting up CGU.
Orient Cement To Buy Two Units Of JP Group For Rs 1,950 Crore. Business ... The acquisition of a 1.5 mtpa cement grinding unit of Jaiprakash Associates Ltd, situated at Panipat, has been ...
Orient Cement to buy 2 units of JP Group for Rs 1,950 crore. ... Madhya Pradesh, is a cement grinding unit with a capacity of 2 MTPA and is …
The deal will help Orient Cement enter central and eastern regions of the country. New Delhi: Orient Cement on Thursday said it will acquire two cement plants of debt-laden JP Group for ₹ 1,950...
Shree Cement has entered into an agreement to buy Jaiprakash Associates 1.5Mta cement grinding unit in the Panipat district of Haryana state in north India. The proposed sale is subject to approval of the lenders of Jaypee Associates and other concerned authorities.
CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from another group firm to expand to other regions.
Orient Cement Limited (OCL) is a mid-sized (8.0 MT) cost-efficient player in cement space. Its cement plants are in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated),...
Orient Cement Ltd. operating 3 Cement Plants in India: - Integrated Plant - Devapur, Telangana State - Clinker Grinding Unit - Jalgaon, Maharashtra - Integrated Plant - Chittapur, Karnataka ORIENT CEMENT LIMITED - OVERALL PLANT PROFILE
About the stock: Orient Cement is a mid-sized (8.0 MT) cost-efficient player in the cement space. Its cement plants are located in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated), Jalgaon, Maharashtra (2 MT grinding unit). Q2FY22 Results: Reported healthy volume growth of over 25% YoY.
Orient Cement Limited (OCL) is a mid -sized (8.0 MT) cost efficient player in cement space. Its cement plants are in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT …
Buy Orient Cement, target price Rs 220: Centrum Brokin.. Orient Cement Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 3264.58 Crore) operating in Cement sect.. ... Orient Cement Ltd to explore setting up of Cement Grinding Unit at Tiroda, Maharashtra #OrientCement #CementGrindingUnit #Tiroda .
Orient will also acquire the 2 million tonne per annum (mtpa) Nigrie Cement grinding unit in Madhya Pradesh from another Jaypee Group firm, Jaiprakash Power Ventures Ltd, for Rs500 crore ...