India News

Chhattisgarh to get Rs.11.5-bn cement plant

Nov 29, 2007, 16:25 GMT

Raipur, Nov 29 (IANS) Electrosteel Castings Ltd (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 Rs.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. © 2007 Indo-Asian News Service

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Chhattisgarh to get Rs.11.5-bn cement plant

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