The Board of dirctors of NCL Industries Ltd. in principle approved the proposal to set up 110 TPH Cement Grinding and Packing Unit at Line III-Phase 2 at Mattapalli at an estimated cost of around Rs. 105 Crores to be financed by a debt of Rs.75 crores and balance Rs. 30 crores to be met out of internal accruals. The project is expected to be completed in 18 months from the date of its financial closure.
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