Economy & Market
Jaypee to sell its 2 cement units in Himachal
To cut its debt further Jaypee Group is planning to sell its two cement units in Himachal Pradesh and it has already initiated dialogue in this regard. Jaiprakash is the third-largest cement player in the country with a 27.8 million tonne per annum capacity. The company's Himachal units include a 2 million tonne cement plant and another 2 million tonne grinding unit, both in the Solan district in the state. Jaypee Himachal Cement Grinding & Blending Plant was commissioned in 2010.