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Prism Cement receives LoI for mining lease from Madhya Pradesh Government

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Capital Market
Last Updated : Apr 27 2017 | 7:13 PM IST

For its cement plants at Satna, Madhya Pradesh

Prism Cement has received Letter of Intent from Madhya Pradesh Government for allotment of cement grade limestone Mining Lease for 50 years in Villages Chulhi and Majhiyar, District Satna, Madhya Pradesh, with about 23.6 million tons of reserves, subject to completion of formalities,. The application for this Mining Lease was made under the earlier regulations and was under processing by the State Government. The Mining Lease would be captive to the cement plants of the Company at Satna, Madhya Pradesh.

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First Published: Apr 27 2017 | 6:54 PM IST

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