Business News: Updating with details) New Delhi, Dec 12 (PTI) Jaiprakash Associates Ltd (JAL) and its group firms on Monday announced the sale of remaining cement a
Among the India's top five cement makers, Dalmia Bharat is expecting to complete the acquisition of Jaypee Cement – a part of Jaiprakash Associates – by the end of this fiscal year. The deal ...
Commissioning of the 3rd cement plant 1.7 MTPA Jaypee Bela Plant in District Rewa, MP. 1999. 1. Hotel Jaypee Palace, Agra set up. 2000. 1. Jaypee Greens Ltd – 458 acre golf centric real estate company comes into being ... Commissioning of 2.00 MnTPA Jaypee Himachal Cement Grinding and Blending Plant, Bagheri (H.P.). 2. Commissioning of …
In 2016, Jaypee Cement sold a 21.2 MTPA plant to Ultratech Cement for an Enterprise Value/Tonne (EV/T) of $115. Top M&A Deals In The Past: Ultratech Cement has been the torchbearer of the industry ...
SELLING OFF: It could take up to a year to complete the regulatory process needed for UltraTech's acquisition of Jaypee 2014. Dec 23: Jaypee sells two cement units in Madhya Pradesh to UltraTech for Rs 5,400 crore 2016. Feb 26: Bombay High Court does not allow the sale because of changes in The Mines and Minerals (Development and …
In a major setback to Jaypee Associate Limited, the Himachal high Court has directed the company to demolish its thermal power plant in Bagheri village in district Solan and imposed Rs 100 crore ...
Mumbai: Dalmia Bharat on Monday said it is acquiring the cement and power plants of cash strapped Jaiprakash Associates (JAL) for an enterprise value of ₹5,666 crore, marking an end to months of speculation over potential suitors for the assets. The assets put together have a cement manufacturing capacity of 9.4 million tonnes per …
Dalmia's acquisition of Jaypee's plants cover 9.4 mt of cement-making capacity, across plants located in Madhya Pradesh, Uttar Pradesh and Chattisgarh. The acquisition is expected to give ...
"We will invest Rs 1,250 crore on enhancing our cement grinding capacity at our Solan plant (HP) and we hope it will take another two years to complete the project," Jaiprakash Associates, flagship company of Jaypee Group, Chief Financial Officer Rahul Kumar told reporters here today.
Its cement division currently operates modern, computerised process control cement plants with an aggregate capacity of 14.70 MTPA. The company is in the midst of capacity expansion of its cement business and is slated to be a 23 MTPA cement producer by the year 2010 and 30 MTPA by 2011, with captive thermal power plant totalling 342 MW.
India: Dalmia Bharat says that it will complete its acquisition of Jaiprakash Associates' cement business, Jaypee Cement, towards the end of the 2024 financial year on 31 March 2024. Informist EquityWire News has reported that the deal is 'taking more time' than expected to conclude. Jaypee Cement's Madhya Pradesh-based subsidiary …
Green signal for Jaypee cement plant in Himachal. Baldev S Chauhan New Delhi/ Shimla. Last ... the state government had allotted the Rs 600-crore Baga Bhalag cement plant to Jaiprakash (Jaypee) Industries associates, but the crucial green clearance was awaited from the Central government. ... Latest News Company News Market …
Cement and infrastructure firm Jaypee Group will invest Rs 1,250 crore on raising the cement grinding capacity of its plant in Himachal Pradesh, in line with its …
In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum …
Dalmia Cement (Bharat) (DCBL), wholly-owned subsidiary of Dalmia Bharat on Monday (12 December 2022) entered into a binding framework agreement for the …
Cement and infrastructure firm Jaypee Group will invest Rs 1,250 crore on raising the cement grinding capacity of its plant in Himachal Pradesh, in line with its plans to become the third-largest cement producer in the country by 2012.
The acquisition of Gujarat Anjan Cement and the new greenfield project at Sidhi would raise the total cement capacity of the group to 15.2Mt, which is expected to catapult it to the third position from its current seventh position. The group's 3Mt greenfield cement plant in Himachal Pradesh is expected to go on stream in mid '07.
In a major set-back to Jaypee Group, the Himachal Pradesh cabinet has cancelled the allotment of a cement plant to the company in Churah tehsil of Chamba district citing a reason of failing to meet the extended deadline to start production. The project was allotted to Jaypee Group in 2006 and a memorandum of understanding […]
Mumbai: The Scheme Implementation Committee of the Board of Directors of UltraTech Cement Limited, an Aditya Birla Group company, at its meeting held today, have made effective the Scheme of Arrangement between UltraTech, Jaiprakash Associates Limited (JAL), Jaypee Cement Corporation Limited (JCCL) and their …
Mumbai: UltraTech Cement Ltd, India's largest cement maker, is in talks to buy the Jaypee Group's cement assets in Solan, Himachal Pradesh, for about ₹ 4,000 crore, two people directly ...
India: Dalmia Bharat says that it will complete its acquisition of Jaiprakash Associates' cement business, Jaypee Cement, towards the end of the 2024 financial …
Dalmia, which has 14 cement plants in 10 Indian states with a total capacity of 37 million tonnes, eventually wants capacity to be increased to 110-130 million tonnes by fiscal 2031.
At the beginning of 2015, the Congress government, after opposing the illegal plant for years, approved expansion of the very same Jaypee Himachal Cement Plant, for the enhancement of clinkerization capacity, as stated a cabinet spokesman
Cement major Dalmia Bharat Ltd. has entered into a binding framework agreement to acquire cement, clinker and power plants from Jaiprakash Associates Ltd. …
Jaypee sells cement plants to UltraTech for Rs 15,900 cr The board of Jaiprakash Associates Limited (JAL) on Thursday approved a definitive agreement with UltraTech Cement (UTCL) for sale of part ...
Jaypee to sell cement, power plants to Dalmia for Rs 5,666 cr ... The Comprehensive Re-organization and Restructuring Plan for the company and Jaypee Cement Corporation Ltd was duly approved by the Joint Lenders' Forum on June 22, 2017, based on the recommendations of the Independent Evaluation Committee appointed by …
India: The Himachal Pradesh State Pollution Control Board (HPSPCB) issued a show cause notice to UltraTech Cement's Baga cement plant in Himachal Pradesh's …
To cut its debt further Jaypee Group is planning to sell its two cement units in Himachal Pradesh and it has already initiated dialogue in this regard. Jaiprakash is the …
Jaypee Himachal Cement Grinding & Blending Plant was commissioned in 2010 and enjoys excise benefits. As reported by ET in its September 9 {+t} {+h} edition, the group's power arm Jaiprakash Power Ventures is also in advance negotiations to sell two of its hydro projects in the state for $2 billion to Abu Dhabi utility company TAQA.
Jaypee Group's cement facilities are located in the Satna Cluster, M.P. as well as U.P. The cement division of the Group has a rich history of over three decades in producing high quality cement through its state-of-the-art cement plants. The group produces special blend of Portland Pozzolana Cement under the brand names Jaypee Cement, Buland ...