
Displaying items by tag: Assam
India: Dalmia Bharat has commenced commercial production at its expanded cement grinding facility in Lanka, Hojai district, Assam. The expansion by subsidiary Dalmia Cement (North East) has added 2.4Mt/yr to the company’s total production capacity, which has now reached 49Mt/yr. Capacity utilisation stands at 60% on a pro-rata basis. The expansion cost US$80.4m, funded through equity, debt and internal accruals. The additional output is expected to meet rising cement demand in the northeastern region.
India: JK Lakshmi Cement (JKLC) has signed a memorandum of understanding with the Assam government at the Advantage Assam 2.0 Investment and Infrastructure Summit.
JKLC will invest US$1.2bn over the next seven to eight years to build a greenfield cement plant.
Mahabal Cement to invest US$1.26bn in Assam
05 March 2025India: Mahabal Cement has signed a memorandum of understanding (MoU) for a US$1.26bn investment at the Advantage Assam summit.
The investment will have several phases. The first phase will be the construction of an integrated cement plant in Assam's Dima Hasao district, followed by a ready-mix concrete plant, which will produce autoclaved aerated concrete blocks. More than 3000 jobs will reportedly be created through the investment.
Star Cement to set up US$367m plant in Assam
26 February 2025India: Star Cement will build a US$367m integrated cement plant in Assam.
The producer signed a memorandum of understanding with the state government on 26 February 2025, the final day of the Advantage Assam business summit. The summit attracted 164 investment proposals across 15 sectors on its opening day.
Adani to invest in Assam and Madhya Pradesh
25 February 2025India: The Adani Group has launched new investment plans in the states of Assam and Madhya Pradesh, including in their cement sectors. Chair Gautam Adani says that the group will invest US$5.73bn in Assam and US$12.6bn in Madhya Pradesh. The Business Standard newspaper has reported that the latter investment will generate over 100,000 new jobs and involve the construction of a new smart city.
JSW Group investigates possible cement investments in Assam
25 February 2025India: JSW Group is actively seeking investment opportunities in Assam’s cement sector. Besides cement production, the group is reportedly investigating power plant opportunities in the state.
The Business Standard newspaper has reported that JSW Group Chair Sajjan Jindal noted the strategic importance of North East India as one half of a ‘dual-engine’ Indian economy.
India: Residents of Kamrup, Assam, have petitioned the district government to block Taj Cement’s plans to build a new 1Mt/yr grinding plant at Chamata Pathar. The residents’ petition cites groundwater and ecological concerns over the plan. The Sentinel newspaper has reported that the plant will be the third cement facility in the immediate area. The area adjoins the Amchang and Pabitora Wildlife Sanctuaries.
The Greater Dimoria Citizens’ Protection Committee said “The current cement factories have already taken a toll on our environment and health. The proposed Taj Cement plant will only make matters worse, putting our lives and the nearby wildlife sanctuaries at risk.”
India: The government of Assam has laid the foundation stone for its upcoming Bogibeel Inland Waterways Transport Terminal, a cargo and passenger port on the River Brahmaputra in Assam. The Economic Times newspaper has reported that the state will invest US$5.67m in the port, which is scheduled to open in February 2024. Cement is among the commodities expected to travel through the port.
Assam’s Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, suggested that a new local cement industry might arise to take advantage of the improved transport situation, alongside other industries.
India: Dalmia Cement (Bharat) plans to invest US$560m following the signing of a memorandum of understanding (MoU) with the Assam government on the construction of a new cement plant in the state. The Economic Times newspaper has reported that the producer expects the project to generate a total of 2500 new jobs.
Managing director and chief executive officer Mahendra Singhi said “This year also marks the 10th anniversary of Dalmia Bharat’s manufacturing presence in Northeast India. We remain deeply committed to continuing to be a partner in the region’s economic progress." He continued "The Northeast region has showcased a very forward-leaning mindset, being one of the fastest adaptors of low-carbon blended cement. The penetration of Low Carbon Green Cement is in line with our vision of becoming carbon negative by 2040, and further intensifies our commitment towards the Grey to Green movement.”
India: The state government of Assam signed memoranda of understanding (MOUs) worth over US$974m on 9 May 2023. The MOUs include three new planned cement plant projects. Agreements have been signed with Calcom Cement India, Star Cement and Taj Cement Manufacturing.
The Economic Times newspaper has reported that the government said “There are another US$852 - 974m investment proposals in the pipeline. Investors are touring Upper and Lower Assam, scanning for locations for investment projects.”