Chhattisgarh to get 11.5 Bn cement plant

Thursday, 29 November 2007, 08:00 Hrs   |    2 Comments
Printer Print Email Email
Raipur: Electrosteel Castings (ECL), a Kolkata-based pig iron major, signed a memorandum of understanding (MoU) with the Chhattisgarh government Thursday for setting up a three-million tonne per annum (MTA) cement production unit worth nearly 11.5 billion.

P. Joy Oommen, additional chief secretary, industry and commerce, inked the deal on behalf of the Chhattisgarh government with H.K. Modi, executive director, ECL, in the presence of Chief Minister Raman Singh and state Industry Minister Rajesh Munat here.

The new plant will be set up in Kawardha, the home district of state's chief minister.

Raman Singh said the plant, first cement unit in Kawardha district, would create a massive job opportunity for the local unemployed youth.
Source: IANS
SPOTLIGHT
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..