Adhunik announces steel plant in Purulia

Adhunik Corporation Limited, a unit of Adhunik Group of Industries, has embarked upon setting up a green field project in Raghunathpur, Block 2, of Purulia district in West Bengal. The project envisages setting up an integrated Steel Plant of 1.1 million tonne per annum capacity along with a power plant of 1,000 MW and 1 million tonne per annum capacity cement plant in phases.

The company is going to sign a MoA with the government of West Bengal by the end of this month. The above plant would be set up subject to availability of raw material linkages, water availability, railway infrastructure and receipt of all approvals from the state and central government.

A total of 2,400 acre of land will be required for the above three plants. While the body for land acquisitions is WBIDC, the land acquisition process has commenced. The investment plan is Rs 7200 crore and will generate employment to 5000 (direct – 2000, indirect – 3000). Located close to Rukni Rail Station on SER route, production for the first phase will begin by 2011.