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Bloomberg Quint

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Birla Corp Gets Limestone Block In Rajasthan

  • Birla Corp emerged as the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan.
  • The block is located in Jaisalmer district and covers an area of 499.6394 hectares.
  • The company's bid had the highest final price offer of 20.60% in the e-auction conducted by the state government.
  • The limestone block is known for high-quality cement-grade limestone and is part of a mineral-rich belt in western Rajasthan.
  • This acquisition will enhance Birla Corp's raw material security and support its long-term expansion plans in the cement sector.
  • Birla Corporation, part of the M P Birla Group, already has cement manufacturing units in various states like Madhya Pradesh, Rajasthan, Uttar Pradesh, Maharashtra, and West Bengal.
  • The formal grant of the mining lease is contingent on necessary approvals and compliance with statutory requirements.

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