Binani Cement Limited has signed a memorandum of understanding (MoU) with Gujarat State Government to set up a greenfield cement plant, a 610MW thermal power plant and a jetty to handle cargos. The Memorandum of Understanding (MoU) was recently signed between the Gujarat Government and Binani Cement Officials during the Vibrant Gujarat Summit.
The MoU was signed with the Department of Mines and Geology to set up an additional greenfield plant with a capacity of 2.5Mt in Phase II. MoU for Phase I capacity of 2.5Mta was signed in Vibrant Gujarat 2009. With this additional plant, the total proposed plant capacity will be 5Mta.