SHILLONG: The chairman of Mawmluh Cherra Cement Limited (MCCL), Brolding Nongsiej, on Tuesday said the company would have to shut shop if the state government doesn’t extend financial assistance to it.
Speaking to a section of the press, he said he was confident the company would be back on its feet with an assistance of even Rs 10crore.
Seeking the government’s help, he said it will be unfortunate if the MCCL closes down or is handed over to private parties but was quick to add, “I hope that the state government will not do so but help in reviving it.”
He said that the MCCL Board will meet after the Shella by-poll and before the Chairman makes the proposal to the government to sanction funds.
Nongsiej said it has been a long way for the MCCL as it transformed from the wet process to the dry process which took 10 years.
He said that the state government had recently released Rs 37 crore to pay the electricity bill, salaries of employees and meet other expenses to ensure the MCCL starts functioning again.
He said that the salary bill of the 330 employees comes to more than Rs 1 -1.5 crore.
According to Nongsiej, the MCCL produces one of the best cements in the state. “The MCCL produces ordinary Portland Cement (OPC) 43 grade while others produce Portland Pozzolana Cement (PPC) which has a mixture of fly ash.
Meanwhile, Chief General Manager of MCCL, K Lyngdoh, said that the company produces 300-350 tonnes of cement per day.
