BJCL has a cement production capacity of 2.2 million tpy and a clinker production capacity of 1.1 million t, according to the BSE filing. Orient Cement will pay INR 14.5 billion (US$224.8 million) in cash for the majority stake.
The Nigrie grinding plant has a total production capacity of 2 million tpy. The unit began operations in June 2015 and will be acquired by Orient Cement for a total consideration of INR 4.96 billion (US$76.9 million). The plant is currently part of Jaiprakash Power Ventures.
