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RINL signs pact with CCI for setting up cement plant
Friday, July 14, 2017
RINL of Visakhapatnam Steel Plant has signed a Memorandum of Understanding with the Cement Corporation of India today to set up a two mtpa fly ash and blast furnaces slag based cement plant in joint venture.
The joint venture to be set up in two phase of one million tonne capacity each. RINL generates a large quantity of BE slag and fly ash, prime raw material for the cement plant.
Manoj Misra, CMD representing CCI and P.C.Mohapatra, Director (Projects) representing RINL signed the MoU in presence of the RINL CMD P.Madhusudan. RINL is offering 35 acres of land for the plant to be set up at a cost of Rs.150 crore.