HomeNewsBusinessCompaniesMaha govt inks MoU with Blackstone, Panchsil for 3 projects

Maha govt inks MoU with Blackstone, Panchsil for 3 projects

The Maharashtra government has signed an MoU with Blackstone and Panchsil SPV for three projects worth Rs 4,500 crore and generation of some 50,000 jobs.

June 30, 2015 / 20:45 IST
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The Maharashtra government has signed an MoU with Blackstone and Panchsil SPV for three projects worth Rs 4,500 crore and generation of some 50,000 jobs.

Chief Minister Devendra Fadnavis, on a week-long tour of the US, said Blackstone will invest Rs 750 crore in EON Free Zone SEZ, Rs 1,200 crore in Hinjewadi Phase-3, Rs 1,500 crore in IT Park in Central Mumbai and Rs 1,050 crore in other IT parks in Mumbai.

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"Big news! Investment of around Rs 4,500 crore & jobs up to approx 50,000 to be generated. Results of new IT policy being shown within a week itself!" Fadnavis tweeted.

"Coca Cola announces Rs 500 crore investment at Lote Parshuram in Chiplun MIDC, Maharashtra," he said, in another tweet.