
Business Update24 Jun 2026, 11:24 am
Star Cement Declared Preferred Bidder for Assam Mining Lease
AI Summary
Star Cement Ltd has been declared the 'Preferred Bidder' for a Mining Lease for the Boro Lakhindong (West Block) in the Dima Hasao District of Assam. This lease is for an area of 123 hectares and contains an estimated limestone resource of 207.822 million tonnes. The declaration follows e-auctions conducted by the Government of Assam. This development is significant for the company's raw material security and future production capacity.
Key Highlights
- Star Cement declared preferred bidder for mining lease in Assam.
- Lease area covers 123 hectares with significant limestone reserves.
- Estimated limestone resource of 207.822 million tonnes identified.
- Development secures key raw material for future operations.
Price Impact
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