Production disrupted in Century Textiles & Industries Ltd´s Baikunth plant

Century Textiles & Industries Ltd has informed the Exchange that due to fire in electrical substation, cable and electrical equipment connecting the Raw Mill & Kilns got damaged on August 12,2006 at company´s Century Cement plant at Baikunth, Dist. Raipur, in the State of Chhatisgarh. Consequent to it, Kilns producing the clinker at the said plant have become inoperative with effect from the said date, i.e. August 12,2006. Further, due to fire, the production of clinker has stopped while the cement grind units is in operation. There will be loss of production of clinker unit the kilns start working again. The loss is covered by insurance and the survey process is going on. It is premature to determine at this stage, the quantum of production loss and the time required to resume normalcy. However, the management is doing its best to resume normalcy at the earliest possible opportunity and minimise the loss.

Source : Equity Bulls

Keywords