The Chhattisgarh Government on Tuesday signed an MoU with Hindustan Petroleum Corporation limited (HPCl) for setting up a Petroleum, Oil and lubricant (POl) depot in the State.
The proposed investment in the plant will be Rs 324 crore.
Incidentally, another MoU for setting up of lED lights manufacturing plant in Electronics Manufacturing Cluster, Naya Raipur with an investment of Rs 12 crore was also signed by Millennium Infratech during the event.
The MoUs were signed in the presence of Chief Minister Raman Singh, Chairman, CSIDC Chhagan lal Mundra, Chief Secretary Vivek Dhand, Secretary to Chief Minister Subodh Kumar Singh, Managing Director, CSIDC Kartikeya Goel and Sunil Mishra, and other senior officials of the Department of Industries.
Subodh Kumar Singh, Secretary, Department of Mining and PWD signed the MoU on behalf of Government of Chhattisgarh while Anil Pandey, ED (Operations, Distribution & Engineering) signed the MoU on behalf of HPCl and Narinjan Jindal, Director, signed the MOU on behalf of Millennium Infratech.
The proposed POl Depot will be established near Naya Baradwar Railway Station in Janjgir-Champa district. The project is to be set up in 115 acres of land which includes requirement for railway sliding as well.
CSIDC has already allotted land measuring approx. 100 acres to HPCl and another 15 acres of land for the project is to be allotted soon. This depot will ensure fuel availability in the northern part of the State.
The lED plant of Millennium Infratech will be set up in Electronics Manufacturing Cluster, Naya Raipur. Approximately one acre land has already been allotted to Millennium Infratech by CSIDC in their EMC in Naya Raipur. Both the new projects will generate direct employment of around 150 people.