State-owned Tamil Nadu Newsprint and Papers’ (TNPL) Rs 100 crore cement manufacturing facility was formally inaugurated by the State Chief Minister Jayalalithaa in Chennai on January 30. She inaugurated the plant by video conferencing. The plant is the first to be set up at Kagithapuram in Karur district by TNPL using dry ash and limestone as raw material, an official release here said.
With a capacity of producing 600 metric tonne per day, the plant would initially recruit 300 persons, it said. Noting that TNPL reported profits of Rs 108.94 crore for the period 2011-12, it said the dividend amount of Rs 12.22 crore was presented to Jayalalithaa by the Industries Minister SP Velumani on the occasion.