Reliance Cement awaits clearance for new plant, India
Reliance Cement expects to start its first integrated unit located at Mahiyar in Madhya Pradesh, India by mid-2014. However, there may be a gap of six months at least for another one planned at Mukutban in Yavatmal district to get commissioned. The lag is due to a forest clearance being awaited for a part of the limestone mines in Mukutban from where raw material will be sourced.
"The mines are divided into three parts. Stage 2 forest clearance is awaited for one-sixth portion of one of the mines. The clearance is expected in 2-3 of months. Apart from the bar on mining in the entire area, the company can also not go ahead with the construction of the cement plant without forest clearance," said Sumit Banerjee, vice-chairman of Reliance Cement. He was speaking on the sidelines of a function to launch the Reliance brand of cement. (Source: The Times of India).