Cement plants to be established in Tyuni, Someshwar
By OUR STAFF REPORTER |
Thu, 12 -Dec, 2013
New Delhi, 11 Dec: The cement company Ultra Tech Cement Limited will make a phased investment of Rs 5000 crore in Uttarakhand. This information was provided by the Additional Chief Secretary, Rakesh Sharma, during an event held today at Uttarakhand Sadan. The state’s Industrial Development Department has provided sanction to Ultra Tech Cement for cement plants in Dehradun district’s Tyuni and Someshwar in Almora. The plants being set up will have a capacity of 3.5 Million tonnes in Tyuni and 2 million tonnes in Soeshwar annually. Additional Chief Secretary Rakesh Sharma said that now the company will have to complete all the formalities and the MOU would follow. He said that it is for the first time that such a big investment is being made in the backward areas of the state. Ultratech will ensure employment in large numbers and provide CST revenue to the state. He added that the company will have to meet all environmental norms. He has expressed the hope that the company will also contribute under the Corporate Social Responsibility bracket. The Director of the company RM Gupta said that Ultratech Cement is known for its modern plants. He stated that the company would give preference to ground water conservation and local people. Present on the occasion were Additional Secretary, Industrial Development, R Meenakshi Sundaram, and Director, Industries, Shailesh Bagoli.