Plan to revive CCI

Plan to revive CCI
Published: 13 March 2006

The Indian government has cleared the proposal for reviving three public sector units, including Cement Corporation of India (CCI). For reviving the CCI the government will waive Rs 886.22 crore of interest payment and provide an assistance of nearly Rs 183 crore. Under the package, CCI will have to close down seven of its non-operating units and modernise its Bokajan, Tandur and Rajban units at a cost of Rs 141 crore.