Nuvoco Vistas Corporation has been declared the preferred bidder for three significant limestone blocks (NB-01, NB-02, NB-03) located at Nimbol, Tehsil Jaitaran, District Beawar, Rajasthan, during the recently concluded auctions held by the Government of Rajasthan. These auctions were conducted via the MSTC e-auction portal. The auction saw participation from major cement players and other industries.
The blocks cover 41.37 hectares, have limestone resources estimated at 28.43 million tons, and are located near its cement manufacturing facility in Nimbol, Rajasthan, which provides a strategic advantage. Furthermore, these blocks were secured at a highly competitive price compared to other cement players. By having access to these deposits, the company can ensure the long-term sustainability of its operations through increased limestone availability.
Nuvoco Vistas Corporation is one of the leading ready-mix concrete manufacturers in India. It offers a range of products across cement, RMX and modern building materials.
