Prakash industries signs MoU with Chhatisgarh govt
BS Reporter / New Delhi July 04, 2008, 11:05 IST
Prakash Industries Ltd, a diversified business house with interests in steel, power and mining, has entered into a Memorandum of Understanding (MOU) with the Government of Chhatisgarh to establish and operate a 2.00 m TPA cement plant and a 1.00 m TPA Clinker Plant in Chhatisgarh.
The total investment for the projects will be around Rs 485 Crores, the company informed the Bombay Stock Exchange.
The State Government will assist the company in allotment of a captive coal block and captive lime stone mine for the projects and facilitate all incentives available to industrial projects in the state as per the applicable industrial policy of the incentives that are offered to similar projects or as may be announced in this regard from time to time.
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