Coal news and updates

Cement Corp plans to hike production 7-fold in 5 years

Cement Corporation of India (CCI), a Government of India enterprise, wants to hike it’s production level from the present 1 million tons per annum (mtpa) to 7 mtpa in the next 5 years. For this, a revival package of around Rs 5,000 crore is being finalised, a top official from the company told ICMW.
 
According to the official. CCI currently has 3 operational plants in Bokajan (Assam), Rajban (Himachal Pradesh) and Tandur (Andhra Pradesh). All of them being aged plants (Bokajan 39 years, Rajban 36 years and Tandur 29 years old), the total production level of these three plants could barely touch 1.446 mtpa.  

Other 7 non-operational plants of CCI are namely at Kurkunta, Karnataka (18 years old), Nayagaon, Madhya Pradesh (32 years old), and Adilabad, Andhra Pradesh (18 years), Akaltara, Chhattisgarh (35 years old), Mandhar, Chhattisgarh (20 years old), Charkhi-Dadri, Haryana (20 years old) and a Delhi cement grinding unit of 26 years.

According to the official, CCI now merely enjoys 5% market share in Assam, 4-5% in the Hyderabad region and 2-3% in Uttrakhand.

As per the CCI official, the revival package would include not only the upgradation of the 3 functional plants but also commencement of production in other non-functional units too. Only the fate of the Delhi grinding unit would be hanging in balance owing to pollution factors. Chances of getting clearance for revival of this unit would look real slim, he said.

SOurce: ISMW