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Bilani Cement greenfield plant in Gujarat
Tuesday, April 22, 2008
Cement manufacturer, Binani Cement under the Binani Group of Industries is planning a massive investment in Gujarat for setting up a two million tonne per annum greenfield plant across the coastal area.
The company aims to spend around Rs 2,000 crore within 4 years time. The outlay includes Rs 800 crore for a 2 mtpa greenfield plant in coastal Gujarat and Rs 200 crore for a 1 mtpa grinding unit at Bharuch in Gujarat, stated the company's deputy managing director.
"We have already acquired 100 acres of land and work on the grinding unit will start within this fiscal itself," he pointed out.
--MP
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