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Acquire a profit making cement factory in Karnataka with Installed capacity of the plant as 1000 TPD and usage permission of 850 TPD. The plant was established in 1985. Total area of the land is 3600 acres. The cement factory holds mining area upto 2600 acres. Total area of the plant 375 acres present cement plant is in 100 acres. The sale includes all Mechanized Plant with vertical killons, Water facility 04 borwells, Dam water sanctioned 2 mllion litres (distance from dam to plant - 14 kms), Power 08 numbers wind mills and one D.G. set to run the entire factory (made in Japan). There are staff quarters - 36, Class I officers - 40, Bachelor quarters - 15, M.D, Manger, Mining Engineers - 14, one Guest House, Rooms - 06, Helipad - 01, Park of 36 acres, One school 1st to 10th standard (aided) and one hospital with one doctor and 2 nurses. The sale also includes vehicles: 01 Qualis, 01 safari TAT, 03 Bolero, 01 jeep, 01 Tractor, 01 Explosive van, 04 wheel loader, 02 school van. Presently, all the licenses are effective. Asking Price: INR 280 Crores.
Reason
Presently running under profit - management difference
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