CHENNAI: MSP Steel & Power Ltd has informed the BSE that the company signed an MoU with MP Trade & Investment Facilitation Corp on October 27 for setting up a two-million tonne, clinker and cement unit in Madhya Pradesh with proposed investment of Rs 1,0 00 crore.
The Madhya Pradesh Government will facilitate allocation of land and grant of captive limestone mines. Further, it will recommend to the Central Government on allocation of coal linkage and allotment of captive coal block for the project.
Source : Hindu Business Line
3rd November, 2007
MSP Steel plans Rs.1000 cr cement in MP