| The Tata group is looking at enhancing investments in West Bengal across different industry segments.
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| Responding to shareholders at Tata Tea's annual general meeting, Ratan N Tata said, the group had been absent from making fresh investments in the state but would rectify this situation. He announced the Tata Memorial Hospital would be set up soon.
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| The investment would be to the tune of Rs 99 crore and it would be a 150-bed hospital. Tatas had been allotted 10 acres of land by the state government for Rs 10 crore at New Town in Rajarhat.
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| Tata said, the group was now looking at making further investments in the state.
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| Speaking to newspersons on the sidelines of the annual general meeting, Tata confirmed that talks were held with chief minister Buddhadeb Bhattacharjee for a project by Tata Power.
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| The specific proposal would have to come from the state.
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| On Tata Motors' proposed auto components manufacturing unit, he said that it would have to be approved by respective boards. Earlier addressing shareholders, he said Tata Steel was investing in a metcoke project in Haldia.
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| Tata Steel and the West Bengal Industrial Development Corporation (WBIDC) has set up a joint venture company called Hooghly Met Coke & Power Co Ltd.
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| The envisaged cost of phase one of the project for 800,000 tonne of coke and 60mw of power would be around Rs 700 crore, which would be funded through a mix of debt and equity.
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| The joint venture company proposed to set up a merchant coke oven plant at Haldia adopting heat recovery (HR) route with a capacity of 0.8 million tonne of coke annually in phase-one.
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| Tata commended the efforts of chief minister Buddhadeb Bhattacharjee to attract investment in West Bengal. |
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