BOKARO: The district administration on Tuesday said it would support the setting up Ultratech Cement's 1.5 MTPA facility in Bokaro Industrial Area Development Authority (Biada) area in Balidih here.

Biada managing director (MD) and Bokaro DC Rai Mahimapat Ray held a meeting with the company's vice-presidents, Anand Mohta, Rajender Joshi and Sudhir Mohnot, to discuss formalities that need to be completed.

Ultratech will be the second cement plant, after Dalmia Cement, to set up a unit in Biada.

"We discussed the additional land requirements for a railway siding, levelling of the allotted 50-acre plot, availability of slag and other raw materials locally and formalities for environmental clearance. We have extended all possible help to company officials," said Ray.

Apart from easy availability of slag, the presence of good rail and road connectivity and an industrial-friendly environment are some of the contributing factors that support the setting up of cement plants.

"To ensure availability of slag, Ray held a meeting with BSL CEO Anutosh Maitra and Electrosteel Steel Limited (ESL) director R S Singh. Both of them responded positively," said Biada development officer Ranjit Kumar.

Ultratech Cement has assured direct and indirect employment to about 750 people. Ultratech signed a MoU with the state government for setting up the cement plant in July last year.

Following the MoU, the state industrial department offered land in Biada.

Source: timesofindia