Jaiprakash Associates will be investing US$ 3.03 billion in four projects in the Indian state of Madhya Pradesh (MP). The company has signed four MOUs with the Madhya Pradesh Government for the development of two cement manufacturing units, an aluminium production factory and a power plant. According to an official release, the cement units will be set up in Satna and Amarpatan with a capacity for producing five million tonnes cement, with an investment of US$ 466.74 million for each unit.