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K C P differs proposal for setting up grinding unit in Naidupeta, Andhra Pradesh

Capital Market 

K C P has differed the proposal for setting up of Grinding Unit at Naidupeta, AP.

Due to environmental concerns, the company approached the Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) for cancellation of allotment of land at Industrial Park, Naidupet, Nellore (Dist), Andhra Pradesh.

The APIIC had accepted our request and cancelled the allotment.

The company shall look for land at suitable location for setting up of the grinding unit towards south of Andhra Pradesh at an opportune time.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 01 2019. 20:15 IST