Star Cement Declared Preferred Bidder for Limestone Block In Assam

STAR CEMENT has been officially declared the ‘Preferred Bidder’ for the North Boro Hundong Limestone Block (Part – A) in Assam. This declaration follows an e-auction conducted by the Government of Assam under regulatory guidelines. The limestone block, spanning 200 hectares, holds an estimated resource of 192.36 million tonnes.

Details of the Auction and Allocation

The Government of Assam conducted an e-auction for the North Boro Hundong Limestone Block (Part – A), located in the Dima Hasao district. As a result, Star Cement Limited emerged as the preferred bidder, securing the opportunity to develop and utilise the limestone reserves.

Implications of the Allocation

The limestone block contains a substantial estimated reserve of 192.36 million tonnes. This acquisition is expected to enhance the company’s resource base and strengthen its position in the cement manufacturing sector. 

By securing access to these reserves, Star Cement gains a strategic advantage in sourcing raw materials, ensuring a steady supply for its operations.

Star Cement Share Price Performance

As of March 05, 2025, at 2:00 PM, the shares of Star Cement are trading at ₹210.10, down 0.17% against the previous close.

Conclusion

The declaration of Star Cement Limited as the preferred bidder marks a significant milestone in its resource acquisition strategy. The successful e-auction participation and selection reinforce the company’s presence in Assam’s cement industry, providing a substantial resource base for future operations.

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