Displaying items by tag: IME Group

Nepal: IME Group plans to build a US$90m cement plant at Chormara of Nawalparasi. The unit is scheduled to be commissioned in early 2024, according to the Kathmandu Post newspaper. This will follow one year of preliminary work, one year for fund raising and the next two years for construction. The plant will mine limestone from a quarry in the Madanpur and Sisdi Rural Municipalities of Palpa district. The quarry will be 25km from the designated plant site. The mine has 18.7Mt of limestone according to a report by Investment Board Nepal.