Reliance gets land for cement unit

Reliance gets land for cement unit

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Reliance gets land for cement unit -min

Reliance gets land for cement unit -min
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The Group’s Reliance Cementation Pvt Ltd is planning to set up a cement plant in Zari Jamni tehsil of Yavatmal district which has already seen considerable time overrun. It may be recalled here that the application seeking diversion of the 'C class' forest reserved under Forest Conservation Act, 1980, was officially moved in May 2011. The Union ministry for forest, environment and climate change had given its in-principle approval in December 2012

Maharashtra government has given its consent to divert 467.5 hectares of reserved forest land for cement plant of the Anil Dhirubhai Ambani Group. The Group’s Reliance Cementation Pvt Ltd is planning to set up a cement plant in Zari Jamni tehsil of Yavatmal district which has already seen considerable time overrun. It may be recalled here that the application seeking diversion of the ‘C class’ forest reserved under Forest Conservation Act, 1980, was officially moved in May 2011. The Union ministry for forest, environment and climate change had given its in-principle approval in December 2012.

However, the company may have to adhere to the strict conditions stipulated by the MOEF while giving its go ahead. The company may have to pay substantial amount towards net present value (NPV) and compulsory afforestation conditions.

The belt stretching from Chandrapur in Maharashtra to Adilabad in Telangana is rich in limestone and dolomite reserves. As a result, several companies have set up their cement units in that region. Reliance had already acquired large chunks of private land in that area and the forest land it sought was landlocked between the acquired land.