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UltraTech Cement emerges preferred bidder for limestone block

Monday, 11 Oct 2021
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UltraTech Cement has emerged as preferred bidder for a limestone block in Madhya Pradesh. Ramstahn Ghunchihai limestone mine, which has reserves of 209.77 million tonne, was auctioned in FY22.

The limestone mine is among five mineral blocks that have been successfully put for sale in 2021-22.

Sree Jayajothi Cements has emerged as preferred bidder for another limestone block in Andhra Pradesh. Three companies, Patel Kaushik Kumar, Karan Polabhai Gojiya and Ramsi Meramanbhai Barad bagged one bauxite mine each in Gujarat.

Of the 13 mineral blocks auctioned in FY22, nine were limestone mines, two were gold mines and one was iron ore block. Forty-three mineral blocks were put for sale in FY20, 19 mines in 2018-19, 14 in 2017-18, 15 blocks in 2016-17 and six block in 2015-16.


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