ACC Ltd wins Kannur Limestone Block in Karnataka

11 Feb 2022 CW Team

Leading cement maker ACC Ltd said that it was declared as the successful bidder for Karnataka鈥檚 Kannur Limestone Block.

With this mining block, the company is successful in securing an estimated limestone resource of over 250 million tonne. The bid amount has not been disclosed yet.This limestone block is close to the ACC鈥檚 existing Wadi cement plant, ACC Ltd said in a statement.

ACC is a subsidiary of the Swiss building material Holcim group.The company had participated in a virtual auction for the block, in the Kalburgi district of Karnataka.

ACC said that the Department of Mines & Geology, Karnataka Government had declared ACC to be the winning bidder for the limestone block in Kannur, Wadi Area in the state of Karnataka.

On Wednesday, ACC said that there is a 40.55% reduction in their consolidated net profit for the quarter ended on December 31, 2021, which is Rs 280.85 crore. The reason stated was adverse input inflation.

In the period from October 2021 to December 2021, the company鈥檚 operational revenue had increased by 1.95% which was Rs 4,225.76 crore.

Currently, ACC is operating 17 cement manufacturing sites and 80 concrete plants.

Also read: ACC Limited launches Green Building Centre in Telangana

Real Estate

18 Jun 2025

Swamiraj Rebrands as House of Swamiraj, Announces Rs 210 Cr Projects

In a strategic shift marking its evolution from a reputed builder to a lifestyle-focused brand, Swamiraj Constructions has rebranded as House of Swamiraj. With a two-decade legacy and over 1,700 homes delivered across the Mumbai Metropolitan Region (MMR), the company is embracing a new phase centred on community-driven, wellness-oriented living. The rebranding was unveiled via a digital campaign titled #BeyondDimensions, executed in three phases鈥攖easer, engagement, and launch. The campaign spotlighted the brand鈥檚 renewed commitment to designing homes that go beyond function to foster ..

Real Estate

18 Jun 2025

Notandas Realty Delivers '96 Tagore' Two Years Ahead of Time

Notandas Realty has completed the handover of its landmark ultra-luxury residential project, 鈥�96 Tagore鈥� in Santacruz (West), Mumbai, a full two years ahead of schedule. The project, which has received its full Occupation Certificate (OC), is a major milestone in the developer鈥檚 legacy of delivering high-end residences ahead of time and to the highest standards. Located on a half-acre plot, 鈥�96 Tagore鈥� comprises 43 limited-edition 3 and 4 BHK residences, priced between Rs 8 crore and Rs 20 crore. With a record sale price of Rs 81,500 per sq ft, the development stands among Santa..

Infrastructure Urban

18 Jun 2025

Bihar Unveils Major Infrastructure Plan for Inland Waterways

Union Ports, Shipping and Waterways Minister Sarbananda Sonowal announced a comprehensive infrastructure initiative to strengthen inland water transport in Bihar. Launched in Patna during the first workshop on National Waterway 1 (the Ganga), the plan aims to transform the waterway into a modern, sustainable transport network.Key project highlights and infrastructure upgrades include:Two hybrid electric catamaran vessels, offering cleaner and quieter river transportInstallation of Quick Pontoon Opening Mechanisms (QPOMs) at four locations, enhancing river crossing efficiencyTwo RO PAX terminal..