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UltraTech Cement commences mining of coal from Bicharpur Coal mines

01 Dec 2021 Evaluate

UltraTech Cement has commenced mining of coal from its Bicharpur Coal mines situated in Madhya Pradesh. This mine was procured in the coal block auctions in the year 2015. The mines have extractable reserves of around 29MMT. The coal extracted from the mines will be used for the company's internal consumption and will to some extent reduce its dependence on coal purchases.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

Peers
Company Name CMP
Ultratech Cement 11214.40
Ambuja Cements 355.90
ACC 1153.05
Shree Cement 23120.65
Dalmia Bharat 1407.80
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