April 23, 2026 07:37 pm (IST)

Make this your homepage

All Finance

Bengal polls: Mob attacks central forces, 3 CAPF personnel injured in Birbhum | ‘People voting to protect their rights’: Mamata says high turnout backs TMC in Bengal | ‘Fear is being defeated’: PM Modi says high voter turnout signals BJP win in Bengal | Crude bomb attack in Murshidabad’s Nowda as violence hits Bengal polling | ‘Mamata Banerjee’s politics fuelled BJP growth in Bengal’: Rahul Gandhi | 'Will never forget’: Nation remembers Pahalgam victims as leaders vow strong fight against terror | 'India will never bow to any form of terror': PM Modi on Pahalgam terror attack anniversary | TCS Nashik case: No interim bail for Danish Shaikh in religious sentiments case | US woman alleges sexual assault at Karnataka homestay; owner among 2 arrested | ‘PM Modi is a terrorist’: Mallikarjun Kharge sparks row; BJP hits back

JSW Group to set up Rs 700-crore cement factory in WB

India Blooms News Service | | Sep 25, 2015, at 06:33 am

Kolkata, Sept 24 (IBNS): Sajjan Jindal led JSW Group has decided to lay the foundation stone for their new Rs 700-crore cement manufacturing unit at Salboni in West Medinipur district of West Bengal in January 2016.

Sajjan Jindal at the 'Metals 2015' event organized by the Bengal Chamber of Commerce and Industry (BCCI) on Thursday announced it officially in presence of the WB Commerce and Industries, IT and Electronics, Finance and Excise and Industrial Reconstruction minister Amit Mitra and joint secretary of Indian government's Ministry of Steel Syedain Abbasi.

"I am going to meet West Bengal chief minister Mamata Banerjee today. We will lay the foundation stone for our 700-crore cement manufacturing unit at Salboni in West Medinipur in next January and hope the project will be finished by one year. The 2.4-million tonne cement-grinding unit will be set up on 150-acres and the employment in this unit will be 1000 including 150 direct employees," the Chairman and MD of JSW Steel, Sajjan Jindal told IBNS.

Sajjan Jindal said that after the completion of the proposed cement plant, a 300-Megawatt (MW) captive power plant would be built in the next three months where the estimated investment would be Rs 2000 crore.

When asked about the recent amendments to the Mines and Minerals (Development and Regulation) MMDR Act, Jindal told IBNS, "We have decided to bid in auctions for iron ore and coal assets in Odisha and Jharkhand."

However, if everything falls in place, WB chief minister Mamata Banerjee will lay the foundation stone of the project in the first week of January in 2016, just before the WB assembly election.

(Reporting by Deepayan Sinha)

#Sajjan Jindal # JSW Steel

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm