JK Lakshmi Cement has achieved a major milestone by being declared the “H1 Bidder” (highest bidder) by Assam Mineral Development Corporation Ltd. (AMDCL) for a significant mining and cement manufacturing project in the state of Assam.
The project involves taking on the role of Mine Developer and Operator (MDO) for limestone excavation across a combined area of 630 hectares at the New Umrangso Limestone Mines. The scope also includes setting up a fully integrated greenfield cement manufacturing plant, along with value-added products, right within Assam.
The company received a Letter of Intent (LoI) from AMDCL on Saturday, July 5, 2025. Although it came over the weekend, JK Lakshmi Cement reviewed the letter today and officially disclosed the development.
This opportunity came after AMDCL, under the Assam government’s Department of Mines & Minerals, initiated a tender on May 19, 2025, for this combined mining and manufacturing project. Following an e-auction process, JK Lakshmi Cement emerged as the top bidder.
As part of the next steps, the company is required to provide a performance guarantee and deposit an upfront amount that will go toward payments for the limestone to be supplied by AMDCL. These financial commitments are in line with the terms set out in the tender document.
