Feb 06, 2020 Emami Group on Friday said it has sold its cement business, Emami Cement, to Nuvoco Vistas, part of the Nirma Group, for an enterprise value of ₹5,500 crore. The move is …
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Read more about Emami sells cement biz to Nirma. What it means for the stock and sector? on Business Standard. In December last year, Emami Cement had filed for its IPO with market regulator Securities and Exchange Board of India (Sebi) to issue fresh equity shares worth Rs 500 crore
Jan 23, 2015 Allowing Nirma cement plant in Gujarat, Green Tribunal wants wise use of wetlands for development By Our Representative In a major boost to projects like Nirma Cement Plant, the National Green Tribunal (NGT) quotes the well-known Ramsar Convention to justify why even a wetland could be used for development .
Mar 16, 2011 Nirma was allotted 268 hectares of land for setting up a cement plant besides more than 3,000 hectares for mining leases in the surrounding areas across the coastline in Bhavnagar district.
Mr. Hiren Patel. Chairman . Mr. Hiren Patel joined Nirma Limited in 1998 as Director and took over as its Managing Director in 2006. He has spearheaded the growth of the privately held Nirma Group from being primarily in the Consumer Goods business to becoming a diversified conglomerate encompassing Consumer Goods, Chemicals, Cement, Real Estate and Healthcare.
Nirma then obtained inprinciple approval from the state to mine limestone from 3,460 ha in Mahuvas Padhiarka village to feed the cement plant. Part of the project site was a reservoir, Samadhiyala Bandhara, and its catchment, spread over 100 ha.
The National Green Tribunal (NGT) has set aside the environment ministry’s order revoking the environmental clearance to Nirma Limited’s cement plant, proposed to come up at the site of the reservoir Samadhiala Bandhara, in Mahuva block of Gujarat’s Bhavnagar district.The order, delivered by the principal bench of the NGT headed by Justice Swatanter Kumar on January 14, has brought to a ...
Nov 26, 2011 The Supreme Court today made it clear that Nirma Industries has to scrap its cement plant in Gujarat's Bhavnagar district if it fails to prove that the project does not fall in …
Nirma cement plant: Mahuva farmers for review of HC order . Farmers of Mahuva town in Bhavnagar district have approached the Gujarat High Court seeking review of its April 26 order allowing Nirma Ltd to go ahead with the construction of cement plant there.
Nirma Cement Plant News And Updates From The. 2016-10-25nirma cement plant Founder of Nirma Group Karsanbhai Patel acquires Rs 40 cr AgustaWestland chopper After Adani group chairman Gautam Adani and Zydus group promoter Pankaj Patel Karsanbhai is the …
The villagers are agitating against construction of Nirma Industries' Rs 2,500-crore cement plant with a capacity to produce one million tonne cement in a year. Giving details about the committee report, Vala said the government has basically taken four steps, which will solve the problem of …
May 11, 2011 Nirma cement plant has violated green norms, SC told ... Lockdown 5.0 Ajit Jogi Locust attack in India India Result PSEB 10th Result India GDP DU Admission 2020 Vodafone Idea Share Price UGC News ...
Nirma’s cement plant in Gujarat faces relocation. Nirma’s cement plant in Gujarat faces relocation 3 min read. Updated: 10 May 2011, 10:16 PM IST Nikhil Kanekal. Nirma’s cement plant in ...
The Emami cement deal will bring Nirma firm Nuvoco’s cement capacity in east, north and west India to 23.5mtpa.Last year, promoters sold 20% stake in their listed flagship fast moving consumer ...
Nov 29, 2019 “UltraTech Cement is the top contender for Emami Cement but Nirma may also emerge as the dark horse, like it acquired Lafarge India, outbidding others,” a banker told The Hindu.
Mar 17, 2011 Nirma was given 268 hectare land for setting up of the cement plant besides more than 3,000 hectare for mining lease in the surrounding areas of the district. The farmers had filed a public interest litigation (PIL) in the Gujarat High Court last year opposing the cement plant, which was rejected. The farmers have now approached the
Green Tribunal to hear farmers NGO against Nirma cement plant 01 May, 2012, 05.33 PM IST National Green Tribunal agreed to hear a body of farmers and villagers in the case filed by Nirma Ltd against environment ministry's decision to revoke the green nod.
Nirma Group said the acquisition of ECL will enable Nuvoco, a building materials company, to take its business to the next level to become one of the leading cement players in the country and ...
Jul 27, 2018 By Ashwin Mohan Billionaire industrialist Karsanbhai Patel founded Nirma Group is betting big on the cement sector and is gearing up for a mega IPO as part of its next major move in the segment after the $1.4bn buyout of Lafarge India's assets in 2016, three individuals familiar with ongoing negotiations told ET NOW on the condition of anonymity. The parent Nirma group is planning an IPO …
Jul 12, 2016 Nirma on Monday bagged the 11-million-tonne cement assets of LafargeHolcim for an enterprise value of $1.4 billion (R9,300 crore), beating larger rivals like JSW Cement …
Jul 12, 2016 Nirma had earlier invested Rs 1,300 crore (Rs 13 billion) in a 2.28 million tonne cement plant in Rajasthan that was commissioned in November 2014 -- the per tonne cost is about $85.
Based on the committee's report, MoEF filed an affidavit in the Supreme Court and the environment clearance given to Nirma Industries to set up a cement plant was revoked. Because the land falls ...
In addition to the six plants, Nirma itself has a standalone cement unit in Rajasthan with capacity of around 2 million tonnes per annum. Higher output. Domestic cement production in first nine months of 2017-18 was 216.5 million tonnes, higher by 2.7 per cent, compared with 210.8 million tonnes in the corresponding year-ago period.
Shares of Emami Ltd gained 2.6 per cent to Rs 311.1 on the BSE on Friday after the company announced its decision to sell its entire stake in group company -- Emami Cement. The Kolkata-based diversified conglomerate announced on Thursday that it had entered into a binding agreement with Nuvoco Vistas Corp, part of the Nirma group, for divesting its 100 per cent equity stake in Emami Cement …
Mar 12, 2011 Nirma Ltd directed to stop work on new cement plant in Bhavnagar - The decision was taken on the basis of a report by Experts Appraisal Committee, which found violation of the Environment (Protection) Act 1986 by the projects being set …
On march 26, the Gujarat High Court gave detergent manufacturer Nirma the go-ahead to set up its cement plant in Padhiyarka village in Bhavnagar district. The court said the plant would provide much-needed employment opportunities in the semi-arid region of Bhav-nagar, but it should not be done at the cost of the environment.
Nirma, a detergent giant, had appealed before NGT against the order of the Union ministry of environment and forests (MoEF) revoking the environmental clearance given to its cement plant in 2008.
Cement Plant Nirma Group at siddi vinayak cement plant (NIRMA GROUP0 Pali, Rajasthan, India 172 connections. Join to Connect. NIRMAX CEMENT (NIRMA GROUP) Report this profile; Experience. Cement Plant Nirma Group NIRMAX CEMENT (NIRMA …
Dec 10, 2020 The Brazilian company, which operates two existing cement plants in Ontario and three others in the U.S. northeast, has cut its carbon-dioxide emissions per tonne of cement …
Nirma had earlier invested Rs 1,300 crore in a 2.28 million tonne cement plant in Rajasthan that was commissioned in November 2014 — the per tonne cost is about $85. Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
Nirma on Monday confirmed that it has bought LarfargeHolcim's India assets for an enterprise value of USD 1.4 billion (Rs 9300 crore plus) for a total capacity of 11 million tonne per annum.
Nirma bags Lafarge's India biz for Rs 9,400 crore - Gains three cement plants and two grinding stations with a total capacity of around 11 million tonne as well as the ready-mix concrete biz
Dec 21, 2018 Nirma Ltd is planning to expand its cement plant in Nimbol in Jaitaran Tehsil in Pali district of Rajasthan. The project involves expanding clinker production capacity from 1.48 mtpa to 4.38 mtpa, cement production capacity from 2.28 to 6.14 mtpa, captive power plant capacity from 25 MW to 60 MW, waste heat recovery power plant capacity from 4.7 MW to 15 MW.
May 31, 2011 In a victory for the farmers of Gujarat's Bhavnagar district, an expert committee (EC) formed by the Union Ministry of Environment and Forests (MoEF) has recommended that the Nirma cement plant in Mahuva taluka of Bhavnagar district be relocated.
Feb 03, 2020 Nirma Ltd. is considering partnering with either Apollo Global Management Inc. or Bain Capital to bid for the cement unit of Indian conglomerate …
Nirma then obtained in-principle approval from the state to mine limestone from 3,460 ha in Mahuva’s Padhiarka village to feed the cement plant. It would only employ 418 people. The total investment is Rs. 2500 crore (Rs. 25 billion). Part of the project site is a reservoir, Samadhiyala Bandhara, and its catchment, spread over 100 ha.
Feb 06, 2020 Nirma Group acquires Emami Cement for Rs 5,500 crore. This will bring its total cement capacity in Eastern, Northern and Western India to 23.5 million tonnes (which includes the ongoing capacity expansion project in its Jojobera plant) and over 60 ready-mix plants. Ankit Sharma; ETRealty; Updated: February 06, 2020, 16:12 IST