# Orient Cement to acquire Nigrie Cement Grinding unit from Jaiprakash Power Ventures

Orient Cement agreed to acquire the Nigrie Cement Grinding unit from Jaiprakash Power Ventures for an Enterprise Value of INR 500 crores. The unit in Singrauli, Madhya Pradesh, has a capacity of 2.0 mtpa.

- Type: Acquisition
- Announced: 2026-11-07
- Where: Singrauli, Madhya Pradesh, India
- Value: $60.0M (5.00B INR)
- Status: announced
- Capacity: 2.0 mtpa
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Orient Cement](https://endata.com/companies/24597.md) (acquirer)
- [Jaiprakash Power Ventures](https://endata.com/companies/35503.md) (target)

## Sources

- [forpressrelease.com](http://forpressrelease.com/forpressrelease/322412/13/orient-cement-to-acquire-cement-asset-from-jaiprakash-power-ventures-limited), 2026-11-07: "Nigrie grinding unit is a very good fit for our expansion and market-diversification strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.