Nearly 550 people to get employment
Two MoUs for capital investment in two projects worth Rs two thousand crores were signed for production of cement and fabricated steel, in the meeting of State Investment Promotion Board chaired by Chief Minister Mr. Bhupesh Baghel at his residence office today. These projects would generate employment for 550. Shri Cement Limited Company and RR Ispat Company signed MoUs with Chhattisgarh Government. Chief Minister congratulated the office-bearers of both the companies and expressed hope that production under both the projects would begin soon and better employment opportunities would be created. Chief Minister requested the officials of the companies to generate employment for localites.
The two MoUs that were signed today in presence of Chief Minister include MoU signed between Shri Cement Ltd Company and Chhattisgarh Government for capital investment of Rs two thousand crore. This would provide employment to nearly 450 people in state. Under this MoU, Shri Cement Company would produce 8.3 metric ton clinker, 13.5 metric ton cement under the project. Captive power plant of capacity 170 MW would be established under the project. This proposed project would be established in village Khapridih in Simga tehsil of Balodabazar-Bhatapara district. This project required 400 acres of land, which the company already has. Company officials informed that the production under project would commence within 1 and a half to two years.
Second MoU was signed between Chhattisgarh Government and RR Ispat for capital investment of nearly Rs 19 crore 85 lakh. This would provide employment to 100 people. This project would be established in Achholi village of Urla industrial area in Raipur district. The project requires 6.75 hectares of land and the company already has it. Under this project, products such as steel structure for railway bridge, electricity poles would be manufactured. Company officials informed that the production would begin under the project within a year.
On behalf of State Government, Principal Secretary of Industry and Commerce Department signed the MoUs. On behalf of Shri Cement, Mr. Ravi Tiwari signed the MoU and on behalf of RR Ispat Company, Mr. Dinest Agrawal signed the MoU. On the occasion, Chief Secretary Mr. Sunil Kumar Kujur, Additional Chief Secretary Finance Mr. Amitabh Jain, Principal Secretary to Chief Minister Mr. Gaurav Dwivedi and office-bearers of the companies along with officials of departments concerned were also present.
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