Chief minister Mamata Banerjee, on Saturday, in Panagarh, laid the foundation stone for Emami Group's new INR5000m (US$74.8m) grinding plant project that will be located in Panagarh. The Emami Group explianed that the new unit is likely to be commissioned by year-end.
"The 2Mta capacity unit is to be located at WBIDC Panagarh Industrial Park in Burdwan district of West Bengal at an investment of INR5000m," a statement by Emami Cement said. "The project will be developed over a area of around 65 acres which has been allotted to Emami Cement by WBIDC."
Emami Group is currently setting up a 4Mta integrated cement project consisting of clinkerisation plant and cement grinding plant at a cost of INR30,000m at Risda in Chhattisgarh. According to company officials, the project is expected to become operational soon. Raw material for the Bengal unit plant will be sourced from the company's captive limestone mines in Chhattisgarh, it said. Emami is also aiming to set up cement plants in Rajasthan and Andhra Pradesh.
