Madhya Pradesh received investment proposals worth nearly Rs 20,000 crore during the two-day mining conclave, officials said.

Chief Minister Mohan Yadav said his government will provide all necessary facilities to mining entrepreneurs, adding that after diamonds, the state will mine gold as well.

He also informed investors that the stones used in the sanctum-sanctorum of the Lord Ram Temple in Ayodhya were mined from tribal-dominated Mandla district in MP.

"During the two-day conclave, investment proposals worth Rs 19,250 crore from 11 industrial institutions were received. These include Rs 5000 crore proposal from Invenire Petrodyne Ltd for exploration of coal bed methane and coal gasification in Betul and Chhindwara districts. JK Cement has given a proposal of Rs 2500 crore for expansion of cement plant in Panna district and Rs 1000 crore investment in allocated coal blocks in Singrauli and Shahdol districts," a senior official said.

Other major investment proposals include Ambuja Cement giving a proposal worth Rs 3000 crore for setting up a cement plant in Rewa district, while Dalmia Cement has proposed Rs 3000 investment to start a cement plant in Satna district, the official said.
In the presence of the chief minister, a 'Joint Venture Agreement' related to a mineral block was signed between MOIL (a government of India undertaking) and Madhya Pradesh State Mineral Corporation Limited, he added.

Describing the conclave as successful, Yadav said the state's target of five-fold increase in mineral revenue will be achieved in the time to come.