Tag South Asia

Is India’s Deccan Cement Limited for sale?

Deccan Cements kiln 1

A few days ago, the website ’www.moneycontrol.com’ reported that JK Lakshmi Cement and Chettinad Cement were bidding to acquire India’s Deccan Cements Ltd. amid the Andhra infrastructure push. However, Deccan’s company secretary wished to state that the company has promptly…

Pakistan’s Dewan Cement installed a solar system

DCL Plant 1 1

Pakistan’s Dewan Cement has successfully commissioned a 6 MW solar system at its Dhabeji cement plant in Karachi’s Malir district. The solar system is able to provide about 50% of the plants electrical power needs, which marks a significant step…

India’s Adani Group is highest bidder for Jaypee

Jaypee CCF

India’s Adani Group has emerged as the highest bidder in the race to acquire engineering and construction company Jaiprakash Associates (Jaypee), which is currently undergoing insolvency proceedings (we reported here 24. July 2024). According to industry sources, the bid stands…