Lloyds Metals Signs MOU With Maharashtra Government To Set Up A Steel Plant
2018-02-16 Investments and Borrowings Metallurgical Industries Western India
Lloyds Metals and Energy Limited have signed Memorandum of Understanding ("MOU") with Government of Maharashtra to facilitate investment in respect of the proposed mineral based Steel Plant at Gadchiroli District, Maharashtra, with an investment of Rs. 700 crores generating direct employment opportunity up to 800 persons in two phases spread over next 10 years, during the magnetic Maharashtra Convergence - 2018. Further, The Government of Maharashtra will facilitate the company to obtain necessary permission/ registrations/approvals/clearances/fiscal incentives etc. from the concerned department of the state, as per the existing policies/rules and regulations of the Government of Maharashtra.