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Sagar Cements acquires entire assets of two mini hydel power plants

05 Apr 2018 Evaluate

Sagar Cements has acquired the entire assets of the two mini hydel power plants from Sagar Power, one with a capacity of 4.3 MW located at Guntur Branch Canal (GBC), Narasaraopet, Guntur District and the other with a capacity of 4 MW located at Lock-in-sula (LIS), Atmakur, Kurnool District, both in the State of Andhra Pradesh. Asset Purchase Agreement has been executed between the company and Sagar Power for the said acquisition.

Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over 3 decades adopting progressive manufacturing practices, whether it relates to maintaining high standards of quality of its products or development of its highly valued human resources or the need to keep the pollution to the barest minimum.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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