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News Dalmia Cement (Bharat) to acquire Jaypee Group assets

Dalmia Cement (Bharat) to acquire Jaypee Group assets

Written by Global Cement staff 13 December 2022
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India: Dalmia Cement (Bharat) has concluded a contract for the acquisition of cement and other assets from Jaypee Group for US$684m. Mint News has reported that the deal will bring Dalmia Cement (Bharat) into control of an additional 9.4Mt/yr of cement production capacity, including 6.7Mt/yr of clinker production capacity, as well as 280MW-worth of fossil fuel-fired power capacity. All cement and grinding plants included under the deal belonged to Jaypee Group subsidiaries Jaiprakash Associates and Jaiprakash Power Ventures and are situated in Chhattisgarh, Madhya Pradesh and Uttar Pradesh.

Last modified on 14 December 2022
Published in Global Cement News
Tagged under
  • Dalmia Bharat
  • Dalmia Cement
  • Jaypee Group
  • Jaiprakash Associates
  • Jaiprakash Power Ventures
  • Clinker
  • Power Plant
  • fossil fuels
  • Chhattisgarh
  • Madhya Pradesh
  • Uttar Pradesh
  • Capacity
  • Acquisition
  • Grinding
  • India
  • GCW587

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