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News Hetauda Cement Industry to resume production in February 2024

Hetauda Cement Industry to resume production in February 2024

Written by Global Cement staff 19 January 2024
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Nepal: Hetauda Cement Industry (HCI) will resume cement production at its Hetauda cement plant in early February 2024, following a suspension due to coal shortages. HCI uses 36,000t/yr of coal, and currently has 600t in stockpiles. The República newspaper has reported that on-going issues with equipment have reduced the Hetauda cement plant’s effective capacity to 10,000 bags per day. Additionally, HCI has failed to find a buyer for a shipment of 225,000 bags of cement. The Nepali government is reportedly considering paying new subsidies to the company.

General manager Basanta Raj Pandey said "The management of the factory has requested the Office of Prime Minister and Council of Ministers and the Ministry of Industry, Commerce and Supplies to provide subsidies to help resume its production."

Nepal’s Minister for Industry, Commerce and Supplies Ramesh Prasad Rijal said "The Prime Minister and his government are discussing arranging all possible subsidies to bring the industry back into operation as soon as possible."

Last modified on 24 January 2024
Published in Global Cement News
Tagged under
  • Nepal
  • Hetauda Cement Industries Ltd
  • Closure
  • Shutdown
  • Coal
  • fossil fuels
  • Supply
  • stockpiles
  • Government
  • Finance
  • funding
  • market
  • GCW643
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