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| K..K. Raman, Executive VP, DLF |
At a time when private manufacturers sell cement about Rs 300 per 50kg bag, the Tamil Nadu government owned TANCEM (Tamil Nadu Cements Corporation ) will sell its Arasu brand at Rs 255 per bag to retailers and at Rs 240 per bag to bulk purchasers.
TANCEM promise to slash the prices further if private manufacturers join the competition. Its rates will be always kept below that of private players.
The builders' community in Tamilnadu has welcomed the move.
Mr. K..K. Raman, Executive VP, DLF said, "It's a good initiative from the Tamilnadu government. It may lead to cement prices heading southwards. Cost of construction will come down if private players follow suit."
TANCEM proposes to first clear its stock of nearly 6,000 tonnes that has piled up in various godowns. Over and above that, depending on the demand, it will push another 2,000 tonnes a day into the market.
Though TANCEM has an installed capacity of about 9 lakh tonnes per annum, one of its kilns at Alangulam in Virudhunagar district is shut down and its effective production is only 7 lakh tonnes as of now. The supply would be routed through about 200-odd active stockists of TANCEM in the Tamil Nadu and Kerala.
TAMIL NADU CEMENTS CORP. LTD.
L.L.A. Building, 735, Anna Salai,
Chennai - 600 002
Fax : 044-28523991
Tel : 044-28525461, 28525471
Email : md@tancem.com, rajkumar.ganta@gmail.com
Website : www.tancem.com
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