Raipur, Oct 08: The mineral-rich Chhattisgarh has
attracted investment proposals worth Rs 20,000 crore in just
two days, Chief Minister Raman Singh has said.
The Vedanta Group last night signed a memorandum of
understanding with the Chhattisgarh government and the state
electricity board to set up a 1,200 mw power plant at Korba
with an investment of Rs 5,000 crore.
"We are also considering investing another Rs 10,000
crore for setting up a large aluminium plant in Chhattisgarh,"
Vedanta Group Chairman Anil Agrawal told reporters.
Chhattisgarh is fast becoming a favoured investment
destination for companies worldover due to its huge natural
resources and industrial peace, he said.
Addressing a gathering after signing the Mou, Singh
said besides the Vedanta's proposals, Rs 5,000 crore worth of
MoUs were signed on Friday with five private companies in
cement and steel sectors.
"We have succeeded in outsmarting Gujarat in
attracting entrepreneurs and in the coming days Chhattisgarh
will be the number one state in not only proposals but also in
terms of real investments," he said.
Bureau Report
