Mumbai, Maharashtra, India
Grasim Industries Limited, a flagship company of Aditya Birla Group and Government of Orissa concluded an MOU today to set up a 3.50 million tpa integrated cement plant in the Sundergarh District in Orissa. The plant will involve an investment Rs.1200 crore and will include a 50 MW captive thermal power plant with a split grinding unit.
This is expected to be the largest cement project in Orissa and is expected to be commissioned in 3 years.
The state government has agreed to assist in acquisition of the necessary limestone mines and land for the plant as well as for a rail link, apart from adequate sources of fly ash, slag and coal .
The MOU was signed by Shri I. Srinivas,I.A.S., Commissioner-Cum-Secretary, Department of Industry for the Government of Orissa and by Shri S. K. Maheswari, Group Executive President, Aditya Birla Group and Chief Manufacturing & Project Officer of the Group's Cement Business on behalf of Grasim Industries Limited.
Dr. Pragnya Ram, Aditya Birla Group, +91 (022) 5652 5000 pragnyaram@adityabirla.com
Source: Grasim Industries Limited (Business Wire India)
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