October 19: Two big cement industries, whose investments worth billions of rupees were approved during the lockdown period, are preparing legal grounds and paper works to start their production.
Dang Cement Industries Pvt Ltd and Samrat Cement Company Pvt Ltd have invested around Rs 47.55 billion to set up plants.
Samrat Cement Company will start production of clinker within two months while Dang cement is working to complete legal processes. Dang Cement Industries will be starting its production within three years.
Investment Board Nepal had approved their investment on June 21. The total investment of Dang Cement Industries is Rs 32.50 billion. Samrat Cement Company is preparing to produce 4,500 metric tons of clinker on a daily basis as soon as the company makes an additional investment to increase its total investment to Rs 15.5 billion. The company is preparing to produce 3,600 metric tons of cement per day.
Chairman of the Samrat Cement Company Mukunda Prasad Timilsina informed that clinker will be produced within two months as all the necessary infrastructure for production of clinker is already prepared. He further said that Samrat Cement that has been producing cement with an investment of Rs 7 billion since 2070 is preparing to produce clinker as a result of expansion of investment.
“We have brought modern machineries with German technology and skilled manpower is coming from India for this purpose,” he said, adding, “We are bringing them for some time for the operation of machines.” The company claims that the use of this technology will reduce costs and improve quality.
The main market of the company, which is preparing to operate the plant in full capacity, will be in the west and far west as well as Pokhara, Narayanghat and Dhaulagiri areas. The company says that 500 people will get direct employment after the operation of the company and more than 1,000 people will get indirect employment.