Chennai, Jan 30 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Wednesday inaugurated the Rs.3,375 crore Kattupalli Port and shipyard and a Rs.100 crore cement plant in Karur district.
Larsen and Toubro, Tamil Nadu Investment Development Corporation Ltd (TIDCO) and Tamil Nadu Newsprint and Papers Ltd (TNPL) have built the shipyard and the minor port.
A statement issued here by the state government said Jayalalithaa inaugurated the shipyard and the cement plant through video conferencing.
Spread over 810 acres, the shipyard is the largest in the country, the statement added.
Paper-maker TNPL has set up the 600 tonne cement plant near its paper mill in order to use its waste lime and the fly ash generated at its power plant. The company is the first paper manufacturer to set up a cement plant.
The cement plant will provide employment to around 300 people.
Jayalalithaa also handed over the appointment order to consultancy company Development Consultants Private Ltd to act as consultants for Tamilnadu Cements Corporation Ltd's expansion plans.
The company plans to increase its annual capacity from 500,000 to 1.5 million tonnes.