Ambuja Cements declared as the Preferred bidder for the Uskalvagu limestone block

Mumbai: Ambuja Cements Limited, part of Adani Cement on Thursday said that it has been declared as the ‘Preferred bidder’ for the Uskalvagu limestone block in an e-auction conducted by the Government of Odisha.

The block is situated in Malkangiri District, Odisha over an area of 547 Hectare with estimated limestone resource of 141 million tonnes having average CaO content of 43.74 percent . The company shall get the statutory licenses and permits related to mining operations to be declared a ‘successful bidder’ and subsequently enter into a ‘Mine Development and Production Agreement (MDPA)’ with Government of Odisha to commence the mining operation.

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