Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Fri, Feb 22, 2019 | Last Updated 1:36 am IST

Menu &Sections

Search

Orient Cement Ltd signs MoU to expand in Telangana

Orient Cement Ltd signs MoU to expand in Telangana
Orient Cement Ltd signs MoU to expand in Telangana
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Hyderabad sources reported that Orient Cement Ltd, a part of C.K. Birla Group, on Monday signed a MoU with Telangana government to expand the capacity of its plant in the state with an investment of Rs 2,000 crore. Meanwhile the companies will double the capacity of its factory at Devapur in Mancherial district to 2.60 million tonnes of cement per annum.



Accordingly the Memorandum of Understanding (MOU) was signed by the officials from the two sides in presence of Telangana's Industry Minister K.T. Rama Rao and C.K. Birla Group Chairman C.K. Birla. Moreover Rama Rao told reporters that this expansion will create 4,000 direct jobs and indirect employment to another 4,000 people and also urged Orient Cement to provide jobs to locals and said if necessary, the government would set up a centre to provide training to them.

Orient Cement Ltd signs MoU to expand in Telangana

Furthermore he said since it is a forest area and the company cannot mine there, the mining will be through Telangana State Mineral Development Corporation (TSMDC). Moreover he said the limestone deposits are being given through TSMDC. Further as per report Birla said the process to obtain all clearances from the Centre for the expansion was progressing at fast pace and expressed the hope that they would soon get the clearances and finally said the expansion work would commence soon.

Orient Cement Ltd signs MoU to expand in Telangana

Orient Cement Ltd signs MoU to expand in Telangana
5/ 5 - (1 votes)
Add To Favourite
More from author
TN Govt plans to introduce Board Exams for Class 5 & 8
Guntur District farmer committed suicide, doubts raised
UK no longer preferred market for Indian investment due to Brexit factor
Pakistan Cricketers portrait removed from HPCA
DMK Congress deal soon!
What's the problem for DMDK?
India receives support from Israel!
Public shocked after tremors in Delhi!
APTA achieved India Book of record by making longest bamboo chicken in India
Budget of Rs 3,116 crore for 2019-20 unveiled by TTD
Chennai Metro Rail to install WiFi facilities at all stations
Saudi Arabia-India plans to set up a ''Strategic Partnership Council'
Donald Trump planning to meet North Korean Leader Kim Jong-Un again
Is Nagarjuna making his Political entry?
Why Rahul Gandhi made a surprise visit to AP Bhawan?
Panther seen in parking area of Korum Mall in Thane
Why KCRs Cabinet has no Women in his Party?
25 lakhs be given to family of CRPF Jawan by Kerala Govt
Surya Kiran Aircraft crashed in Bengaluru during rehearsal
BJP making desperate attempts to woo its allies
Gold prices skyrocket!
Saudi comes to Pak support!
Mastermind of Pulwama attack dead!
Kamal's takes a dig at Stalin!
YS Jagan needs to be reminded charity begins at home
Ex-PM highlights rural indebtedness, urban chaos
PMK will support AIADMK- BJP front in Tamilnadu in general elections
French researchers found 5.8 million Indane customer records
Will Sania Mirza be removed as brand ambassador of Telangana ?
Freedom we have is very expensive due to CRPF Employees
Why India raised Pulwama attack issue at Munich Conference?
RBI found large divergence in the books of Yes Bank
Tamilisai welcomes Kamal speech!
Kiran Bedi Vs Narayanasamy intensifies!
Kaduvetti Guru's mother against Anbumani!
4 soldiers die in a fight!
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.