Tuesday, October 1, 2024
spot_img

Fund needed for MCCL modernisation

Date:

Share post:

spot_img
spot_img

SHILLONG: The much-anticipated modernization-cum-expansion work of the Mawmluh Cherra Cement Limited (MCCL), which was scheduled to be completed by December, has missed the deadline.

Speaking to The Shillong Times recently, the Managing Director of MCCL Sanjay Goyal said that the delay in the commissioning of the project has led to the cost escalation.

“We have requested Government to support us with additional fund so that the proposed modernisation of the plant could be completed in next 6-9 months,” Goyal said.

The modernisation of MCCL is needed since the condition of the plant and machinery deteriorated because of wear and tear, leading to a decline in production and earning.

The production capacity of the plant, which was around 12000 metric tonnes, has gone down to 5000 to 6000 metric tonnes in a year due to wear and tear.

Goyal stated that the production capacity of the plant would increase to 18000 metric tonnes a year once the new plant is commissioned. The positive benefit of the modernised plant is that it requires less energy and electricity and a total investment which has been made in this new plant is around Rs 100 crore.

Set up in the early 1960s, the MCCL is the oldest Public Sector Undertaking (PSU) in the State and the only state-owned cement plant.

spot_img
spot_img

Related articles

India consolidate top spot in WTC table with series win over Bangladesh

Kanpur, Oct 1: India's 2-0 series victory over Bangladesh at Green Park Stadium in Kanpur further solidified their...

2nd Test: Jaiswal’s 51 guides India to series sweep as bowlers dominate in Kanpur

Kanpur, Oct 1: Yashasvi Jaiswal smashed 51 runs in the chase of 95 as India beat Bangladesh by...

Pygmy hog conservation gets a boost with 9 more released in Manas grassland

Guwahati, Oct 1: Nine captive-bred pygmy hogs were released in the sprawling grassland of Manas National Park of...

Will go by law, says MUDA Commissioner after CM Siddaramaiah’s wife returns 14 plots

Mysuru, Oct 1: Mysuru Urban Development Authority (MUDA) Commissioner, on Tuesday, said a letter from Karnataka Chief Minister...