Modern India Con-Cast is likely to acquire land by January 2008 for setting up a ferro alloys unit at Haldia in Midnapore district of West Bengal. The project will entail an investment of Rs.127 crore. The unit will be spread over 40 acres of land. R G Con Services, Visakhapatnam is the consultant for the project. Speaking to ProjectsToday the company officials informed that the civil contractor for the project is likely to be finalized by March 2008 and by that time the necessary approvals will also be secured from the state government.

In the meanwhile, the company's capacity expansion plans at Bankura in West Bengal is progressing well. The project plans to enhance the ferro alloys unit's capacity from 45,000 tpa to 60,000 tpa. Pune based Mahati Electricals is the machinery supplier for the project. The project is scheduled for completion by February 2008.

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