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Haryana govt sanctions incentives worth Rs 1,246 cr for mega projects

Wednesday, 12 Feb 2020
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The Haryana Enterprise Promotion Board (HEPB), under the chairmanship of Chief Minister Manohar Lal Khattar has approved special package of incentives amounting to over Rs 1,246 crore for four mega projects. The projects will be established in the B, C and D category of blocks.

The setting up of these projects will not only bring investment to the state but also provide ample job opportunities to the youth and boost the state economy.

The Board also accorded approval for filling up 14 posts in the Bureau of Industrial Policy and Promotion (BIPP) and 35 posts in the Haryana Enterprise Promotion Center (HEPC) on contractual basis for further strengthening of HEPC and BIPP. An incentive of Rs 30.06 crore was approved for Aarti Green Tech; for Adani Wilmar Rs 65.94 was approved; Rs 298.08 crore for Wonder Cement and Rs 852 crore for Amperex Technology was approved.

As per the Haryana Enterprises Promotion Policy 2015, the mega projects include all projects involving fixed capital investment of Rs 100 crore and above, or generating direct employment of more than 200 persons in ‘D’ category blocks and fixed capital investment over Rs 100 crore or generating direct employment of more than 500 persons in B and C category blocks.

Aarti Green Tech, a fully integrated steel manufacturing company, has decided to set up a unit for steel scrap processing over 9.92 acre of land in IMT Rohtak in Block B. In Phase-I, the company has proposed an investment to the tune of Rs 151 crore with an employment potential of 129 persons.

Adani Wilmar (AWL) is setting up a new unit at Gohana-Mundalana, Block C Block; district Sonipat in Agro and Food Processing. The project will include a rice mill, rice-to-rice milling and grading, solvent extraction plan and rice-bran oil refinery unit. The project will come up on 67 acre with an investment of Rs 450 crore and provide employment to 600 to 1,000 persons.

Wonder Cement (WCL) intends to set up cement grinding unit on 50 acre in village Jhanswa, Block-D with an investment of Rs 300 crore. The project unit having a capacity of 2.5 million tonne of cement grinding will provide employment to 750 persons.

Amperex Technology (ATL) is a Hong Kong-based firm engaged in manufacturing of rechargeable Lithium Ion Polymer (LIP) batteries. The company plans to set up its manufacturing facility for rechargeable Lithium-ion cells and batteries at IMT Sohna (Sector-20) located in Block C-Indri over 179 acre with an estimated installed capacity of 220 million pieces per year. It also plans to make investment of Rs 7,083 crore over a span of six years. It will supply batteries to industries including smart phones, two- and three-wheeler e-vehicle industry and other applications.

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