Orient Cement received an order from the Madhya Pradesh government’s electricity generation company to install a clinker grinding unit at Satpura Thermal Power station, Sarni in Madhya Pradesh.

The company had said on February 5, 2024, that Madhya Pradesh Power Generating Co. Ltd (MPPGCL) had accepted its proposal for the installation of a clinker grinding unit at the Satpura Thermal Power Station.

Following negotiations, Orient Cement said in its latest exchange filing, MPPGCL has issued a ‘work order’ in favour of the company to install the clinker grinding unit along with a Fly Ash supply contract for 25 years.

“The company has submitted its acceptance to the Work Order as issued by MPPGCL. Other relevant documents including the Land Use Permission Agreement (“LUPA”) shall be signed and executed shortly,” the statement read.

Meanwhile, earlier in August the Hyderabad-based firm had said it anticipates a robust demand recovery in the second half of the financial year post-monsoon.