MoU signed to set up metallurgical coke plant in KSEZ

Green Coke and Energy Private Limited has signed a Memorandum of Understanding (MoU) with Kakinada SEZ Limited to establish a metallurgical coke plant with an estimated investment of ₹700 crore in the Kakinada Special Economic Zone (KSEZ) on the Kakinada coast. The plant is likely to be established on an 80-acre site in the SEZ. 

The pact was signed between Mr. Natarajan, Managing Director of Green Coke and Energy Private Limited and Ram Reddy Ojili, Managing Director & CEO of Kakinada SEZ Limited on April 14, according to an official release. The SEZ is likely to attract more investment once the Kona port is commissioned in the KSEZ.