Shiva Cement Ltd Secures Consent to Operate for Dolomite Mining in Odisha
Shiva Cement Ltd has received the necessary consent from the State Pollution Control Board, Odisha, enabling it to commence operations at its dolomite mines located in Sundargarh district. The approval pertains to the production and mining of Dolomite at the Khatkurbahal (North) Block Limestone and Dolomite Mines.The grant of Consent to Operate is secured under section 25/26 of the Water (Prevention & Control of Pollution) Act, 1974, and section 21 of the Air (Prevention & Control of Pollution) Act, 1981. This crucial regulatory approval allows Shiva Cement Ltd to commercially undertake the mining and sale of dolomite from the facility located in Biringatoli, Kutra, Dist: Sundargarh.
The operational clearance is expected to facilitate the commencement of revenue generation from the dolomite business unit for the company. The Consent to Operate has been granted for a period up to March 31, 2027.
Key details regarding the approval are summarized below:
| Regulatory Authority | State Pollution Control Board, Odisha |
|---|---|
| Type of Approval | Grant of Consent to Operate under section 25/26 of Water (Prevention & Control of Pollution) Act, 1974 and section 21 of Air (Prevention & Control of Pollution) Act, 1981. |
| Operation Focus | Production and mining of Dolomite at Khatkurbahal (North) Block Limestone and Dolomite Mines. |
| Operational Impact | The consent permits the company to commence commercial mining and sale of dolomite and is expected to facilitate revenue generation. |
| Validity Period | Up to 31/03/2027. |
Stock Price Movement
At the close of trading today, Shiva Cement Ltd settled at ₹17.18, ticking up by 0.47%. The shares moved within an intraday range, testing as low as ₹17.00 and reaching a high of ₹17.38.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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