The industry closed again after operating for 19 days.
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Hetauda Cement Industry has been shut down since Thursday after running out of coal. The industry had resumed production on Chaitra 13. The industry was shut down after 19 days. General Manager Shivnarayan Sah said that the industry was shut down after running out of coal. The industry had already signed an agreement to purchase 3,000 metric tons of coal. The industry has stated that it has not been able to supply coal due to lack of funds.
The industry requires 120 metric tons of coal daily. The Hetauda Cement Industry is in financial crisis after not being able to compete with the private industry. The industry operated for only 40 days in the fiscal year 081/082. Due to lack of raw materials, the industry could not operate throughout the year. ‘The industry does not have the funds to purchase coal,’ said General Manager Sah. ‘Not only to purchase the raw materials required by the industry, but also the employees working in the industry have been working in the past. They have not received their salaries and allowances for 10 months.’
It started commercial production since 2042 BS. It is seen that the industry has to pay Rs 1.26 billion to various supplier companies, employees, etc. The industry has yet to pay Rs 488.7 million to the government, said General Manager Sah. The management claims that the industry is facing a financial crisis due to the low production and high costs due to old equipment. The industry management has stated that the industry is facing a financial crisis due to the continuous increase in the price of raw materials required by the industry and the compulsion to sell and distribute cement at a price lower than the production cost. The industry has a daily production capacity of 750 tons of cement. It has been seven years since the industry has been unable to produce according to its capacity. A senior technician of the industry said that it will be difficult to operate the industry if the old model equipment in the industry cannot be replaced by others and new equipment cannot be installed. “The industry has demanded Rs 1.6 billion from the government to install new equipment.” The government has not shown any interest in providing the amount. “It is difficult for the industry to survive until modern equipment is installed to bring the industry into proper operation,” said General Manager Sah. The industry management has included three stages in the plant auditing for the operation of the industry. Six years have passed since the first was to organize and operate the existing equipment, the second was to reduce unnecessary expenses in the industry, and the third was to include a long-term plan and send it to the ministry.
