Ambuja Cements has been declared as the preferred bidder for the Uskalvagu limestone block in an e-auction by the Odisha government.
The Uskalvagu limestone block is situated in the Malkangiri district and spread over an area of 547 hectare. The block has an estimated limestone reserve of 141 million tonne with an average CaO (Calcium Oxide) content of 43.74 per cent.
Ambuja Cements is likely to get the statutory licences and permissions required for mining operations and will enter into a ‘Mine Development and Production Agreement (MDPA)’ with Government of Odisha to commence the mining operation.
Image: Representation Purpose
