Barak Valley Cements Ltd
Barak Valley Cements Plans ₹482 Cr Expansion in Assam 🏭
- Proposed ₹482 Cr investment split into Phase 1 (₹300 Cr) and Phase 2 (₹180 Cr)
- New manufacturing unit to produce 1600 TPD clinker (Phase I) and 2000 TPD cement (Phase II)
- Project timeline: 5 years, with eligible investments starting Jan 1, 2024
- Key approved incentives:
• 100% SGST reimbursement for 15 years
• ₹2/unit power subsidy for 5 years
• 50% reimbursement on power drawl costs (up to ₹1 Cr)
- Additional benefits: road connectivity, working capital loan interest subsidy, employment generation incentives
- Subsidiary Valley Strong Cements (Assam) Ltd secured approvals under Assam's 2019 Industrial Policy