UltraTech Cement Slapped with Rs 21.13 Crore Bill by Chhattisgarh Govt for Falling Short on Production Targets
India’s top cement maker, UltraTech Cement, faces a hefty bill of Rs 21.13 crore from the Chhattisgarh government for failing to meet minimum production requirements. The demand order, received by the Aditya Birla Group company, highlights non-compliance with production agreements. The company’s unit in Baloda Bazar, Bhatapara, Chhattisgarh, is at the center of the controversy. UltraTech Cement, boasting a global capacity of 146.2 million tonnes per annum, ranks as the world’s third-largest cement producer, excluding China.
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