Birla Corporation Ltd., the flagship company of the MP Birla Group, has been named the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan's Jaisalmer district, following a successful e-auction conducted by the state government.
Covering an area of 499.63 hectares, the block is situated in a region known for its high-quality cement-grade limestone and forms part of a broader mineral-rich belt in western Rajasthan. In a regulatory filing, Birla Corporation reported that it secured the highest final price offer of 20.60%, earning it preferred bidder status.
This strategic acquisition enhances the company’s backward integration in cement manufacturing and supports its broader objective of scaling operations efficiently. With cement plants already operational in Madhya Pradesh, Rajasthan, Uttar Pradesh, Maharashtra, and West Bengal, the addition of this limestone block significantly bolsters the company’s raw material reserves and strengthens its supply chain network.
News by Rahul Yelligetti.