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Dalmia Cement to acquire cement assets of Jaypee Group for ₹5,666 crore
Summary by Ground News
Jaiprakash Associates Ltd (JAL) and its group firms on Monday announced the sale of remaining cement assets to Dalmia Bharat Ltd. The deal includes a total cement capacity of 9.4 MTPA, along with clinker capacity of 6.7 MTPA and thermal power plants of 280 MW. The acquisition will help Dalmia to expand its footprint into the central region.