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News Trishul Cement Company loses limestone lease

Trishul Cement Company loses limestone lease

Written by Global Cement staff 03 February 2020
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India: The government of Andhra Pradesh terminated JC Company subsidiary Trishul Cement’s limestone extraction lease of an area in Konappalapadu, Ananthapurama District, which had previously been extended for five years in 2015, for the company’s failure to establish an integrated cement plant in the area. The state-government also revoked a 20-year lease granted in mid-2007 of a plot of land for a cement plant on which no work had been undertaken. Hans India News has reported that JC Company has dissolved Trishul Cements by incorporation.

Last modified on 05 February 2020
Published in Global Cement News
Tagged under
  • India
  • Limestone
  • Mining
  • Licence
  • lease
  • Government
  • GCW441

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