Cement firms promise to sell atlower prices for State projects

Price likely to be at Rs.250 per bag for the Polavaram project

December 05, 2016 08:19 pm | Updated 08:19 pm IST

VIJAYAWADA: In a significant step towards achieving cost effectiveness of various construction and irrigation projects, the State government has got an assurance from cement companies to sell the commodity at Rs. 230 (per bag) for CC roads and housing for weaker sections, Rs.240 for other infrastructure schemes and Rs.250 for the Polavaram project.

A high-level delegation of the captains of cement industry, led by India Cements Managing Director N. Srinivasan, promised Chief Minister N. Chandrababu Naidu at a meeting at the Interim Government Complex at Velagapudi in Guntur district on Monday to make cement available at reasonable price.

According to an official release, Mr. Naidu told the industry representatives that the government attached due priority to the construction of the Polavaram project which cement requirement was pegged at nearly one million tonnes.

Roads, houses and other projects too needed massive quantities of cement and the government expected to get it at realistic prices. Welcoming the gesture by the cement companies, Mr. Naidu suggested that the colour of cement bags to be supplied for government projects should be red for the sake of easy identification.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.