BAGMATI, Feb 16: The Hetauda Cement Industry (HCI) has faced a deepening financial crisis, harming production.
HCI management had shut down the factory on October 1, 2024, reasoning the need for repairing machines. Although it was expected to complete maintenance and resume production in mid-November, the administration argued it took more time for repair.
Administration Chief and Spokesperson Hareram Aryal, however, said, "Only maintenance is not the reason behind the delay in resumption of industry. As the economic crisis is deepening, it is not sure when to resume the industry."
Although the production is nil at present, the spending is regular—salary to employees and fuel costs. It further adds to the financial problems, according to him.
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Aryal shared that the industry required raw materials. "If it runs daily, at least 120 trucks of coal are required. It is not available now,, nor is there money to purchase it. The previous payment has been pending for a long time."
The employees are also not paid for their extra services.
Established at Lamsure of Hetauda city in 2033 BS, the industry had begun producing cement since 2043 BS. The machines are too old to use at full production capacity.
Technical chief Kameshwor Mandal said, "Many pieces of equipment are overused and now not functioning well to ensure smooth production." He further said the maintenance was still going on.
When the industry is run at full capacity, it produces as many as 16,000 sacks of cement every day.
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