News: Star Cement has been declared as the preferred bidder for Boro Humdong Limestone Block in e-auctions. This limestone block is situated in Assam over an area of 400 hectares and has an estimated limestone resource of 146.75 mt.
View: Company is market leader in North-East and has good presence in the states like Assam and Meghalaya. Currently, company has cement capacity of 7.67 mtpa and has announced an expansion of 4 mtpa cement capacity in Assam targeting total capacity of 11.67 mtpa by FY27. With acquisition of this limestone mine in Assam, company's self-sufficiency in terms of raw materials will improve.
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