PSU Cement units sick

He said while the corporation8217;s cement factory situated atCharki Dadri, which it had purchased from the private sector, could not run due to paucity of raw materials. Its Mandar cement factory at Raipur had failed to achieve it8217;s full capacity because of the apathy of state government towards it8217;s modernisation. Further, efforts for the modernisation of cement plant at Akaltara in Bilaspur district, did not yield desired results. He said.Moreover, the marketing division of the corporation had failed to cope up with the competition from the private sector, Dutta said.

However, the corporation8217;s sick units could be revived if financial institutions provided about Rs 200 crore and the interest amount was waived off, he said.