Minister for Industries and Commerce, Labour and Employment, Mr. Surjit Singh Slathia presented a cheque of Rs. 60 lakh to the Chief Minister Mr. Omar Abdullah as dividends to the government from J&K Cements Limited at Civil Secretariat, here today.
Political Advisor to Chief Minister, Mr. Devender Singh Rana, Principal Secretary, Industries and Commerce, Mr. Anil Goswami and Managing Director, J&K Cements Ltd, Mr. S. S. Anand were present on the occasion.
The Managing Director said the fully State Government-owned company, J&K Cements, with a capacity of 600 tonnes per day (TPD) was set up at Khrew in 1981 with an investment of Rs. 1,500 lakh as paid up capital and Rs. 1,962 lakh as term loan from various financial institutions. The company started its commercial production in April, 1982. He said the company has liquidated all its old debts and shown considerable progress during the last seven years.
Under the expansion programme, J&K Cements is installing another plant of 600 TPD at a cost of Rs. 8,750 lakh. The new additional line has been established at the existing location and is almost complete for commissioning.
Mr. Anand said a grinding plant of 300 TPD-capacity is being set up at Samba, in Jammu, at an estimated cost of Rs. 15 crore. He said J&K Cements is also playing a social objectives’ role with the company providing Rs. 10 lakh to 10-bed hospital at Khrew and construction of school buildings for Government Girls and Boys schools in the same village. More than two lakh trees in and around the cement plant have also been planted and afforestation has been made a continuous programme, he said.
Political Advisor to Chief Minister, Mr. Devender Singh Rana, Principal Secretary, Industries and Commerce, Mr. Anil Goswami and Managing Director, J&K Cements Ltd, Mr. S. S. Anand were present on the occasion.
The Managing Director said the fully State Government-owned company, J&K Cements, with a capacity of 600 tonnes per day (TPD) was set up at Khrew in 1981 with an investment of Rs. 1,500 lakh as paid up capital and Rs. 1,962 lakh as term loan from various financial institutions. The company started its commercial production in April, 1982. He said the company has liquidated all its old debts and shown considerable progress during the last seven years.
Under the expansion programme, J&K Cements is installing another plant of 600 TPD at a cost of Rs. 8,750 lakh. The new additional line has been established at the existing location and is almost complete for commissioning.
Mr. Anand said a grinding plant of 300 TPD-capacity is being set up at Samba, in Jammu, at an estimated cost of Rs. 15 crore. He said J&K Cements is also playing a social objectives’ role with the company providing Rs. 10 lakh to 10-bed hospital at Khrew and construction of school buildings for Government Girls and Boys schools in the same village. More than two lakh trees in and around the cement plant have also been planted and afforestation has been made a continuous programme, he said.
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