14-July-2014
The marvellous journey of OCL India started when a
great industrialist with far-sighted vision Jaidayalji Dalmia, set
up a cement plant at Rajgangpur during 1950 - 51 at the request of government
of Odisha to manufacture super grade cement for use in the construction of
Hirakud dam. The origin of OCL India Limited (formerly Orissa Cement Limited)
was seeded in the time that signalled India's independence.
Today, OCL India Ltd, the flagship associate company
of Dalmia Cement Bharat Ltd and also a major cement manufacturing organization,
announced the commissioning of its third and 2 MTPA (million tonne per annum) capacity,
₹ 615 crore cement plant in West Midnapore of West Bengal.
Built on 154.43 acres, the grinding and mixing unit
was formally started at an event attended by the Chief Minister of West Bengal,
Ms. Mamata Banerjee, according to a company release. The unit is located at the
West Bengal Industrial Development Corporation established Godapiasal
Industrial Park, 81 km west of Kolkata.
This is the
first unit of OCL India in West Bengal. The other two cement plants of the company
are at Cuttack and Rajgangpur in Odisha with a combined production capacity of
5.35 MTPA.
OCL India has
already a good share of cement market in West Bengal. 'Konark' Brand cement of OCL India has been extensively used
in the construction of the prestigious Hirakud Dam in Odisha and in building
some of India's largest roads, bridges and Industrial plants, construction of
port facilities, restoration repairs by Archeological Survey of India in Lord
Jagannath Temple at Puri, and construction and modernization of steel plants.
The current Market
Capitalisation of OCL India stands at ₹ 1,552.81 crore. OCL India has reported
a standalone Sales of ₹ 536.40 crore and a Net Profit of ₹ 41.64 crore for the
quarter ended Mar 2014.