9 states interested in investment in MP

  • 20/02/2008

  • Central Chronicle

Apart from Madhya Pradesh, investors from nine other states have shown keen interest in making investments in the state at the Jabalpur Investors Meet held recently. Thirty-six investors from nine other states have signed 41 Memoranda of Understanding to the tune of Rs 46337 crore. In all, 61 MoUs worth Rs 56829 crore were inked at Jabalpur Investors Meet. With proposals worth Rs 18150 crore, Delhi tops the list as far as amount is concerned while the industrial houses of West Bengal's capital Kolkata have topped in the number by signing 13 MoUs. Kolkata's nine industrial houses have inked 13 MoUs worth Rs 12,602 crore. Kolkata's Messrs Steel and Power Limited has signed two proposals worth Rs 200 crore each for setting up iron ore-based plants at Katni and Jabalpur and Rs 700 crore MoU for establishing alumina plants at Dindori and Anuppur. SPJ Steel and Mineral Private Limited, Kolkata has inked a proposal worth Rs 2250 crore for steel plant at Pathariya in Damoh district. Rashmi Metallic Limited has signed a Rs 2000 crore MoU for establishing ferro manganese plant, Rs 1200 proposal for setting up cement plant and Rs 1000 worth agreement establishing aluminum plant. Other MoUs signed by Kolkata-based companies include Jain Steel and Power Limited, Kolkata for cement plant with Rs 1000 investment, Rungta Mines Limited for setting up Rs 450 crore cement plant at Katni, Elctro Steel Casting Limited for setting up Rs 2380 coal washery/power plant/cement plant at Shahdol, Adhunik Corporation Limited for establishing Rs 1150 crore cement and steel manufacturing plants, Perfect Refrectories Limited for setting up Rs 50 crore refrectory plant at Jabalpur and Fair Food Overseas Private Limited has signed a Rs 22 crore MoUs for setting up a rice mills at Katni. In all, Rs 18,150 crore nine MoUs have been signed by nine Delhi-based industrial houses. They include Bhushan Steel's Rs 3000 crore proposal for establishing coke oven plant, RS 750 crore MoU by KJS Cement Private Limited for setting up Greenfield cement plant at Maihar, Rs 400 crore proposal by Simbhali Sugar Limited for establishing sugar factory and Rs 750 crore MoU by The DSP Finprint Limited for setting up cement plant at Satna. In the energy sector, Jindal India Thermal Power Limited has signed Rs 9000 crore agreement for establishing thermal power plant at Sidhi and Goyal MG Gases, New Delhi for setting up Rs 4000 crore power plant at Khandwa. In the food processing sector, Rs 50 crore MoU has been signed by Delhi-based Jadhana Alternative Energy Solution Private Limited for growing jatropha, herbs and medicinal plants in barren lands and Rs 100 crore each MoUs have been inked by Exim Export Private Limited and Mawandiya Biotech Private Limited, Delhi. At the investors' meet, nine investors from Maharashtra signed 10 MoUs worth Rs 5710 crore. These include Rs 800 crore MoU by Nagpur's Abhijeet Cement Private Limited for setting up power plant at Morena, Rs 800 crore proposal by Corporate Ispat Appliances Limited Nagar for setting up coal washery, coke oven plant, Rs 1465 crore MoU by Jaiswal Neeco Industries Nagpur for establishing coal-based unit. Mumbai-based Agrawal Indotex Limited has signed Rs 110 crore MoU for setting up manganese plant at Balaghat, Rs 300 crore MoU has been signed by BLA Power Private Limited for setting up cement plant at Narsinghpur, Rs 35 crore agreement has been inked by Infotrek Syscom Limited for setting plastic and electronic waste recycling projects at Indore and Bhopal, Anik Industries Limited has signed Rs 200 crore MoU for marble granite processing project at Narsinghpur and Rs 200 crore agreement for setting up pig iron project at Jabalpur. Rs 700 crore agreement has been inked by Sarthak Industries Limited, Mumbai for pig iron project at Dhar and Jhahua and 1100 crore agreement has been inked by Euro Bond Industries Private Limited plant at iron ore based units at Chhatarpur and Katni. Two industrial houses of Raipur have signed Rs 2415 crore MoUs. These include SKS Ispat Limited and Power Limited which has signed Rs 2000 crore agreement for setting up steel plant at Singruali (Chhindwara) and Raghuvir Ferro Alloys Private Limited which has signed a MoU worth Rs 415 crore for establishing a captive power project and captive mines. Gujarat's ASR Multi Metals Private Limited, Gandhidham has signed Rs 150 crore MoU for setting up steel plant at Katni and Rs 1620 crore agreement has been inked by Sanghi Energy Ltd. Kutchh for setting up power plant at Satna. Two industrial houses of Gudgaon in Haryana have singed Rs 200 proposals for investment in the state. These include Rs 100 crore MoU by Agro Wave Private Limited for IT SEZs at Indore and other cities and Rs 100 crore agreement by Business Potcom Private Limited for investment in Jabalpur and Indore. Jaipur, Rajashtan's Kamal Steel and Power Limited has signed Rs 600 crore MoU for setting up sponge iron plant and power plant at Satna. Chennai's OP Energy Private Limited has inked Rs 4000 crore agreement for power plants at Chhindwara and Jhabua while Rs 890 crore investment has been pledged by Karanatka's Ammsandra, district Tumkur-based Mysore Cements for setting up cement plant at Damoh.