New Launch1 Sept 2025, 11:09 am
Barak Valley Cements' Subsidiary Receives Customized Incentives for ₹7482 Crore Project
AI Summary
Barak Valley Cements Ltd. announced that its wholly owned subsidiary, Valley Strong Cements (Assam) Limited, has received approval from the Department of Industries, Commerce and Public Enterprise, Government of Assam, for customized incentives under the Industrial and Investment Policy of Assam (IIPA), 2019. The approved project involves a total investment of ₹7482 Crores, divided into two phases. Phase 1 is for ₹300 Crores and Phase 2 is for ₹2182 Crores. The project aims to establish a manufacturing unit with a capacity to produce 1600 TPD clinker and 2000 TPD cement. The approval letter and details of the incentives are attached as Annexure-B.
Key Highlights
- Barak Valley Cements' subsidiary, Valley Strong Cements (Assam) Limited, receives approval for customized incentives under IIPA, 2019.
- The project involves a total investment of ₹7482 Crores in two phases.
- The manufacturing unit will have a capacity to produce 1600 TPD clinker and 2000 TPD cement.
- The approval is granted by the Department of Industries, Commerce and Public Enterprise, Government of Assam.
- The details of the incentives are attached as Annexure-B.