Burnpur Cement’s board, at its meeting held on January 10, 2009, has given an ‘in principal approval’ for combining the Phase I and Phase II of the Project at Patratu, considering, the market potential, specially in eastern part of the country and for other technical reasons, subject to availability of fund to finance the enhanced cost of the project and the combined capacity of the clinkerisation and cement grinding plant will be 1600 TPD.
The board has also decided to analyze the new proposal at length after getting the cost-economy benefit analysis report and time ratio and subject to the approval of the same by the banks / financial institutions.