Prospecting licences for 12 cement plants, Madhya Pradesh, India

Prospecting licences for 12 cement plants, Madhya Pradesh, India
Published: 10 September 2008

Prospecting licences have been issued to 12 companies for setting up cement plants in Madhya Pradesh to raise manufacturing capacity per year by 10.70Mt from 18.90Mt at present.

During the last four investors’ meets, organised during the BJP regime, as many as 38 Memoranda of Understanding (MoU) involving an investment of Rs 73,000 crore in the cement sector had been signed. In 2002-03, cement production in the state stood at 15.39 million tonnes (MT), official sources said.

The companies to whom prospecting licences have been granted include Reliance group at Satna (20Mt), Sanghi cement in Katni district (3.55Mt), ACC Ltd at Kaymore (2.5Mt), Prism Cement in Satna district (2.5Mt), MSP Steel and Power Ltd in Katni (2Mt), Rewati Cement in Satna (2.5Mt), India Cement and Rungta Mines Limited in Satna (2Mt each) and Electro Steel Casting and K J S Cement in Satna district (1.5Mt each).