Government to revive Cement Corporation of India
The Government has prepared a revival scheme for the Cement Corporation of India. The scheme, which was approved by the Government and ordered by the Board for Industrial & Financial Reconstruction (BIFR), envisages the expansion and modernisation of three operating units.
Out of seven non-operating units, six units have been closed with effect from October 2008. The Adilabad wunit could not be closed due to an interim order of the High Court of Andhra Pradesh.