The Kolkata-based ElectroSteel Casting Limited (ESCL) will set up a cement plant in Kawardha district of Chhattisgarh with an investment of more than Rs 1100 crore. |
The company today entered into a pact with the Chhattisgarh government to execute the proposal of venturing into the cement production in the state. |
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The company will set up a 3 mtpa cement plant with an investment of Rs 1150 crore in Kawardha district""about 100 km from the state capital. |
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The additional chief secretary (industries) P Joy Oommen signed the Memorandum of Understanding (MoU) on behalf of the state government while Executive Director of the ESCL H K Modi represented the company. |
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The pact was sealed in presence of Chief Minister Dr Raman Singh. |
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This would be the first cement plant in Kawardha. Dr Singh welcomed the proposal and said that it would generate job opportunities for thousands of people. |
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