A mega cement manufacturing plant and a 50 MW captive power generation unit will be set up at Burigpally and Ghanapur, in Chincholi taluk.
The decision was made after Shiva Shankar Minerals Limited approached the government on establishing a factory to produce 3.5 million metric tons of cement each year. The project currently requires an investment of Rs.2,250 crore.
The proposal was made at the Global Investors Meet (GIM) and accepted by the government after receiving approval from the State High Level Clearance Committee. Phase 1 alone will require an estimated 1,050 workforce.