HYDERABAD: Orient Cement of the CK Birla Group has signed memorandum of understanding (MoU) with the Telangana government for expanding the existing capacity of its plant at an investment of Rs 2,000 crore, said State Minister of IT and Industries K T Ramarao.
“I am delighted that Orient Cement is almost doubling their capacity. Cement plantexpansionwill create another few thousands of jobs,” the Minister told reporters here.
A senior government official said the existing capacity of the cement plant in Devpur was five million tonnes and it would go upto eight million tonnes after the expansion programme.
Orient Cement has got the first stage clearance from the Ministry of Environment, Forest and Climate Change for the expansion and final clearance was awaited, an official press release said.
The plant was likely to provide direct employment to 4,000 people, apart from generating indirect employment, the release further said.
Source: Press Trust of India