October 22, 2026 02:37 am (IST)

Make this your homepage

All Finance

Delhi court releases CJP's Saurav Das and Ashutosh Ranka after 7 days in custody | ‘We are seeing what is happening outside our country’: Delhi HC judge’s remark as CJP leaders Saurav Das and Ashutosh Ranka withdraw custody plea | Salman Khan was the original target? Tiger Shroff firing probe reveals shocking twist | ‘UN experts are an oxymoron’: Marco Rubio takes swipe at UN, refuses to comment on India's protests | ‘US ties with no country come at India's expense’: Marco Rubio addresses concerns over Pakistan, China | ‘Not meant to harm India’: Marco Rubio breaks silence on Trump’s tariff threat | Meloni makes Italian parents liable for children's vandalism after Milan riots: ‘Demonstrating is a right, devastating our cities is not’ | ‘Operation completed’: Tiger Shroff shooters allegedly alerted handlers after firing, probe reveals | 'I don't mind saying sorry 1,000 times': Sonu Nigam apologises to Kannadigas over ‘Pahalgam’ remark amid concert ban demand | After Vijay, is Dhanush eyeing politics? TVK calls Thalapathy an inspiration

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

In Images: Gautam Adani offers prayers at Kalighat Temple in Kolkata Sep 24, 2026, at 11:48 am

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

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