Summer Internship Marketing Project

Topics: Corporation, Types of companies, Subsidiary Pages: 6 (1609 words) Published: May 26, 2012

Barak Valley Cements Limited was incorporated as a Public Limited Company in the year 1999, under the Companies Act, 1956.

The Company was promoted by Mr. Prahlad Rai Chamaria, Mr. Bijay Kumar Garodia and Mr. Santosh Kumar Bajaj. The promoters of the company are born and brought up in the North East Region. All the promoters of the Company are well known and reputed businessmen in North East and are having a vast experience in different segments like plywood, Timber, Cement, and Concrete Sleepers etc.

Presently the Company is engaged in the business of manufacturing of cement of different grades and is marketing its product under the brand name "Valley Strong Cement". The company started its commercial production in April 2001.The company started its commercial production at the capacity of the plant at 300 TPD initially.The capacity of the plant was further enhanced from 300 TPD to 460 TPD. The technology that is used in manufacturing our product is Dry Process Rotary Kiln Technology with 4 stage Suspension Pre Heater technology.

The company is located in Assam and all the operations of the company are concentrated in the North Eastern region. The manufacturing unit of the company is at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam. Our sales are also concentrated in the North Eastern region. Our operations include raw material procurement, crushing, blending, grinding and packaging of cement. Our product portfolio includes both Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC). Our Company is ISO 9001: 2008 certified company and our products confirm to BIS(Bureau of Indian Standards) specifications.

Being located in Assam, we are entitled to get various benefits like Excise duty exemption, Central Sales tax/VAT exemption, Income-tax exemption, Working capital interest subsidy and Insurance subsidy.|  |

Its Subsidiaries
1)Badarpur Energy Private Limited(BEPL)
2)Meghalaya Minerals And Mines Limited(MMML)
3)Cement International Limited(CIL)

Badarpur Energy Limited(BEPL)
Badarpur Energy Private Limited (BEPL) is a company incorporated as a Private Limited Company in February’2005. Barak Valley Cements Limited has acquired the 100% stake of this company in the financial year 2005-06. Badarpur Energy Private Limited is setting up a 6.00 MW biomass based Power Plant having a total project cost of Rs 25 crore near our work site, at Badarpurghat for power generation. The distinct feature of this plant is that this unit will be using husk, major by-product of rice industry as a fuel for generating power and average cost of power is estimated to cost near about Rs 2.20* per unit. A Memorandum of understanding has already been signed between our Company & BEPL in connection with the transmission of power. Power generated in the plant will be transmitted through a dedicated transmission line to our operating plant and our subsidiary's plant Cement International Limited. This Power project has been appraised by NEDFi (North Eastern Development and Financial Institution).The total project cost as per appraisal report is rs. 2100 Lacs and the revised cost of project is Rs. 2985.55 Lacs. BEPL has engaged M/s Prithvi Energy Private Limited, as their technical consultants for setting up the proposed power plant. The North East Industrial and Investment Promotion Policy (NEIIPP), 2007 announced by the Government of India provides for the capital investment subsidy @ 30% of the investment made in the plant & machinery and the company shall be eligible for the capital investment subsidy and such other subsidies.Barak Valley Cements Ltd has informed that Badarpur Energy Pvt. Ltd., the wholly owned subsidiary of the Company has acquired three tea Companies in the name of M/s. Goombira Tea Company Pvt. Ltd., M/s. Chargola Tea Company Pvt. Ltd. and M/s. Singlacherra Tea Company Pvt. Ltd. by way of acquisition of the entire shareholding of these...
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