Glass plant expected to take off in three months

JAIPUR: Land allotment for the ambitious Rs 1,000 crore Saint-Gobain greenfield float glass making plant slated to come up in Bhiwadi has been completed.

If the state industries department is to be believed the project will take off in three months’ time.

However, head finance T Bhaskaran, Saint-Gobain India, refused to specify a date for the beginning of the plant and said, "We have just been allotted the land. It is too early to be specific about the date of beginning the actual ground work."

The project, the agreement for which was signed on August 19, 2008 during the BJP government in the state, would be the second float glass making unit of the French glass major in India after its existing unit in Sriperumbudur, west of Chennai. However, the proposed blast furnace of the plant here would be the largest of its kind in the world.

The project had been under review after the Congress government took over in the state in January, 2009. "With immense potential in the project, the cabinet sub-committee passed it quickly and ever since work has been progressing fast in this regard," sources in the industries department said.

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600450 Glass plant expected to take off in three months glassonweb.com
Date: 2 June 2009
Source: Timesofindia.indiatimes.com

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