Balmampur Chini features are set to focus on Wednesday’s (May 28) Session on Dalal Street.
On Tuesday, the company signed an agreement with Uttar Pradesh to establish a 250 TPD polylactic acid (POP) plant in the Kumghi Chivils Unit in Lakhimps Kheri.
According to the company, it signs a memorandum of understanding (MOU) with state government for an investment at Rs 2,850 crore.
“Uttar Pradesh continues to lead the prolonged industrial development. This important investment not only promotes Green appeal,” says Chief Secretary Manoj Kumar Singh.
MOU signed in Mumbai Tuesday Anand Vijay Kiran Anand, and Avantika Saraogi, Executive Director of Balrampur Chinsi Mills Ltd, in the presence of Chief Secretary Singh.
Vivek Saraoga, Chairman & MD in Balrampur Chini Mills says the company has been delivered to driving biplastics in a lasting future.
Anand also emphasized that the initiative was in accordance with Presidential Yogi Aduryanath’s Pradesh a primary progress of investment by an improvement in industrial dollars.