Reliance Group acquired Annapurna Quarries P. Ltd in 2005. Located in central Nepal, it commenced operations in 1986 and is currently producing chemical grade limestone. The mines is supplying to not just the Group companies – Reliance Cement and Unitech Cement – but also to numerous cement companies in Nepal. Future industrial projects such as lime and precipitation calcium carbonate are in the pipeline.
Through Lokesh Construction, Reliance Group actively seeks exploratory licenses of various mining projects around the country such as zinc, limestone, and copper. The company has hired some of the best mining executives and researchers in Nepal. The company’s aim is to become one of the best and most environmentally friendly mining companies in Nepal.