Bhopal, Jan 14: Industry Minister Jayant Malaiya chaired a two-day review meeting of MoUs signed with entrepreneurs for investment in Madhya Pradesh. On the first day of the meeting, 21 MoUs worth Rs 73,000 crore were discussed. As many as 120 MoUs were signed at Investment Meet at Khajuraho and Destination Madhya Pradesh Global Summit at Indore last year where Industry Department and TRIFEC had signed Rs 96,473 crore 55 MoUs. The state government is constantly reviewing these MoUs for implementing them.
The problems of 21 big industrial houses were solved through one-to-one meetings on the first day of the two-day meeting organised by TRIFEC. The meeting was presided over by Industry Minister Jayant Malaiya. These industrial houses have pledged to invest Rs 73,263 crore for opening their units in Madhya Pradesh. On this occasion, Malaiya said that the state government would extend all possible help to the industrial houses which establish their units within the deadline. Discussions were also held with Reliance Group vice-president (Corporate) Shekhar Singh. Reliance Group has pledge investment worth Rs 50000 crore. The meeting was informed that advance possession would be given on the government land for establishment of Sasan Ulta Mega Power Project to be set up by Reliance Group. A 175-acre plot of land has been earmarked for establishment of Dhiru Bhai Ambani Technical Institute at village Acharpura near Bhopal.
This land would be allotted to Reliance Group by Revenue Department on the recommendation made by Higher Education Department. Reliance Group expressed gratitude for good support to their Sason-based power IPO. Seven million tonne-capacity cement plants are being established by Messrs. Sanghi Industries at Katni with a cost of Rs 5000 crore for which mining prospecting licence has been given by the Mining Department. The company has also applied for mining licence for bauxite and iron for its proposed steel plant at Sihora near Jabalpur. It was decided at the meeting to supply water and power to the plant.