India: Bihar government approves US$54m grinding plant for Shree Cement

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Updated Thu, 20 Nov 2014 13:21:30 GMT

The Bihar state cabinet has approved a US$54m cement grinding plant planned by Shree Cement planned in the Aurangabad district of the state.

"The company had proposed to set up a cement plant with a production capacity of 2Mt/yr. It will also have a 12MW biomass-based captive power plant," said B Pradhan, Principal Secretary of the Cabinet Secretariat.

The state government agency Bihar Industrial Area Development Authority (BIADA) has provided 27 hectares of land on lease for the project. The project will provide employment to 300 skilled and unskilled persons.