Home News Industry News CCIL intends to sell Nayagaon Unit on an ‘as-is where-is’ basis.

    CCIL intends to sell Nayagaon Unit on an ‘as-is where-is’ basis.

    212
    Nayagaon unit

    Cement Corporation of India Limited (CCIL), a 100 percent undertaking of the GOI, plans to disinvest its non-operating Nayagaon unit located in the State of Madhya Pradesh, India to potential investor(s). The Preliminary Information Memorandum (PIM) – providing details of CCIL and the transaction process can be obtained from here.

    Interested parties can refer page 20, titled “Terms and Conditions for Bidders” of the PIM. The documents, once formatted and processed as per the PIM can then be sealed and sent in an envelope titled “Private and Confidential-Expression of Interest for the Non-Operating Unit of CCIL at Nayagaon” to – Sandeep Negi, Director, Deloitte Touche Tohmatsu India LLP, 22nd Floor, Building 5, Tower A, DLF Cyber City Complex, DLF City Phase II, Gurgaon 122002, India, Email:inccil@deloitte.com

    About CCIL’s Nayagaon Unit

    CCIL’s Nayagaon Unit is a cement plant located in Madhya Pradesh. It has an annual production capacity of 1 million tonnes of cement clinker, 0.40 million tonnes of cement. The unit is owned and operated by Cement Corporation of India Limited (CCI) with the Government of India as a shareholder. The plant has been active since 1982 and activity was stopped in 2008.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here