Uttarakhand's industrial development department on Wednesday signed a memorandum of understating (MoU) with Ultra Tech Cement Ltd to soon commission two manufacturing plants — at Tyuni town in Dehradun district and Someshwar town in Almora district.
Chief minister Vijay Bahguna said Ultra Tech Cement Ltd will invest Rs 5,000 crore in a phased manner in setting up the cement-manufacturing plants in the Garhwal and Kumaon divisions.
He said the company will commission a cement plant with 3.5 million tonne annual manufacturing capacity at Tyuni near Chakrata, 100 km from Dehradun, and a 2 million tonne annual manufacturing capacity plant at Someshwar. The chief minister said the process to finalize the land to commission the two plants in these two districts is still on.
"The setting up of these two major plants in the field of cement manufacturing, in these two socially and economically backward towns, will considerably help provide jobs to several jobless youths and other residents in these areas, apart from opening venues for other side business," said Bahuguna.
A senior IAS officer in Dehradun said the MoUwas signed between Ultra Tech Cement Ltd director R M Gupta and state additional secretary Rakesh Sharma in New Delhi.
Sharma, head of the state's industrial development department, told reporters the cement manufacturer will have to adhere to all environment-related norms while commissioning the plants. "The objective will be to ensure that the overall environment in the region is kept intact at any cost while setting up these two cement-manufacturing plants," Sharma said.
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