Cabinet clears Rs. 5, 370cr private projects

    Cement Power Construction Project
    In a major booster to private investment, the Union cabinet has cleared private projects including cement, power, and construction worth Rs. 5,370cr. On this score, the cabinet approved a proposal for setting up of new cement unit having 3.30 MTPA capacity and captive power plant at Nawalgarh (Jhunjhnu) in Rajasthan by Ultratech Cement entailing an investment of worth Rs 3,000-cr and apart from this, the company will also set up new cement unit of 2.20 MTPA capacity and captive power plant at Jaitaran (Pali) in the same state at an investment of Rs 2,100cr. The cabinet also cleared proposal to allot 790 square yards land to Central Warehousing Corporation at Rs 32,200 per square metre for an office at Jhalana Phase III, based on the recommendation made by committee formed under divisional commissioner, Jaipur. These apart, an 'in-principle' approval also given for setting up of medical college with 150 seats by Hemdha Medi Resources Pvt Ltd in Bubani village of Kishangarh in Ajmer. In the first phase, 350 bedded hospitals will be set up in medical college with the investment of Rs 150-cr and in the second phase, the beds will be increased by another 100 at an additional investment of Rs 120cr, said official sources.
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