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. Published under Cement News
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. Published under Cement News
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email