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May 31, 2017· CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ₹ 1,946 crore.
A grinding unit with a capacity of one million tonne is being set up at Tanda, Distt. Faizabad, (U.P.) and expected to be commissioned in July, 2004. Through optimization measures, the total capacity of Jaypee Cement is now under enhancement to over 6.5 million tons per annum.
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For better economy and to encash market opportunities, Jaypee Cement Grinding unit (JCGU) of 0.6 MTA capacity was commissioned in December, 2002 at the Vill: Sadwa-Khurd, Dist. Allahabad, (UP). This is situated on Allahabd – Rewa road at a distance of 28 KM from Allahabad.
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The CK Birla Group firm has terminated the agreement to acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore.
May 31, 2017· CK Birla Group firm Orient Cement Ltd on Wednesday said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of ₹ 1,946 crore.
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The latest addition in cement manufacturing capacity came through Jaypee Ayodhya Grinding Operation (JAAGO) having 1.0 MTA capacity. With a view to use locally procured Fly Ash from NTPC-Tanda so as to save on logistics cost and support environmental causes, this plant was commissioned in August, 2004 at Tanda in U.P.
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