Construction Industry News
The government is also working on a plan to give a fixed incentive to the companies, including existing steel units, which will set up new pelletization plant in Jharkhand.
Chief secretary S K Chaudhary said a proposal had been sent to the government for consideration to give incentive to companies which will set up pelletization plants. "The decision will save the environment from polluting iron ore fines and also generate employment. At the same time, it will also fetch revenue to the state due to value addition within the state itself," said the official. "We are considering different factors, including cost of setting up a pelletization plant, revenue and employment generation. Based on all the factor taken into account, the state will decide on the incentive," said Chaudhary.
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