Jharkhand inks total 4 MoUs during the three day Jharkhand Minning Show

Ranchi, Nov 1: With the Jharkhand Government signing a total of four MoUs spread across three days the Jharkhand Minning Show 2017 jointly organised by the state government and CII came to an end.


On the inaugural day of the three day event the state government on October 30 had inked an MoU with Coal India as per which the state government would free of cost get the water from the mines of the company and its three subsidiaries operating in the state.


On the third and final day on November 1 The Jharkhand Government signed the MoUs with Mineral Exploration Corporation Ltd (MECL) for undertaking mineral exploration to identify prospective mineral blocks, with Vedanta for setting up a Steel plant in Jharkhand, and with Shree Cements for setting up a cement plant in Jharkhand.


During the event the Adani Group had proposed to invest Rs 20,000 crore in the state over the next 5 years which will lead to creation of 10,000 jobs. BEML on the other hand is also looking to expand its operations in Jharkhand.


Speaking at the concluding session Ms Rajbala Verma, Chief Secretary, Government of Jharkhand, said that mentioned by the Chief Minister growth of mining industry doesn’t only mean extraction of the minerals or export of ore, but development of an entire ecosystem to support the mining activities in the State. OEMs and OCMs will play an important role to fulfill the vision of the Chief Minister and the state, she said.


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