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Reliance Cements today received land agreement paper from West Bengal Chief Minister Mamata Banerjee for setting up of Rs 600-crore unit in Purulia district.
The three-million-tonne capacity cement project will be completed in two and a half years on a 100-acre plot at Raghunathpur in the backward Purulia district, according to state commerce and industry minister, Partha Chatterjee, who was present during the hand-over of the agreement paper by the chief minister to Reliance Cements vice-chairman Sumit Banerjee.
Reliance Cements is Anil Ambani-led Reliance group firm. Officials said that this was the first big ticket investment for the state after the Mamata Banerjee government took over in May, 2011. Sumit Banerjee later said, "We are happy with the state government's single-window clearance, transparency and positive outlook."
This also constituted the immediate outcome of Mamata Banerjee's recent meeting with industry heads in Mumbai where Banerjee had requested the Reliance Cements to expedite its investment plans for West Bengal.
