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Corporations/ Associations/ Others | Rajasthan - India | PID: 203521
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Nuvoco Vistas Corp. has been declared the preferred bidder for three significant limestone blocks (NB-01, NB-02, NB-03) located at Nimbol, Tehsil Jaitaran in Beawar district of Rajasthan, during the recently concluded auctions held by the state government. These auctions were conducted via the MSTC e-auction portal.
The blocks secured by the company cover 41.37 hectares, with limestone resources estimated at 28.43 million tonne, and are located near its cement manufacturing facility in Nimbol, Rajasthan, creating a strategic advantage.
Through access to these deposits, the company can ensure the long-term sustainability of its operations through increased limestone availability. This strategic move will boost its production capabilities, allowing it to meet the increasing demands of the cement industry more effectively.
It reinforces its commitment to maintaining its position as a leading building materials company while driving excellence and sustained growth.
| Updated on: 16 - Oct - 2024
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