MSP Steel & Power Ltd has announced that the it has signed a Memorandum of Understanding (MOU) with M P Trade & Investment Facilitation Corp., Government of Madhya Pradesh, on October 27, 2007 for setting up a 2Mt, clinker and cement unit in the State of M.P with a proposed Investment of Rs 1000.00 crores.

Government of Madhya Pradesh shall facilitate allocation of land and grant of captive limestone mines.

Further, it shall facilitate in recommendations being sent by the Government of Madhya Pradesh to Government of India for allocation of coal linkage and allotment of captive coal block for the project.
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