By IANS
Shimla : Jindal Steel will be setting up a Rs.30 billion plant in Himachal Pradesh’s Sirmaur district and is in the process of buying land for it, an official of the company said.
Though the state government had cleared the project two years ago, the company has only now identified 300 acres of land in Amboya near Poanta Sahib, about 200 km from here.
“We have identified land at Amboya and are in the process of buying it,” said Sanjeev Sharma, project executive of the steel major.
The plant is expected to give jobs to 2,000 people.
“We have held many rounds of talks with Jindal group officials for the selling of our farmland. At least one family member of those selling the land has been assured a job by the company,” said Kala Sharma, panchayat chief.
“We have also been assured that a quarter of the land price will be paid in advance, while the remaining will be paid by the end of this year,” Sharma said Monday.
The state government had a year ago decided to develop the Amboya region into an industrial area. Once Jindal Steel starts work here, the state government hopes other units will follow suit and open shop in the industrially backward region, say officials.