Prakash Industries inks Rs 485 cr deal with Chhattisgarh govt

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New Delhi, Jul 4 (UNI) Prakash Industries Ltd today said it has signed a Memorandum of Understanding (MoU) with Chhattisgarh government to set up cement and clinker plants at an investment of Rs 485 crore.

The annual capacity of cement plant will be two million tonnes, while the capacity of the clinker plant would be one million tonnes, a statement said.

The state government would assist the firm in allotment of a captive coal block and captive lime stone mine for the projects.

It will also facilitate or provide all incentives available to industrial projects in the state.

UNI SBA SG DS1132

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