Malabar Cements Limited

Malabar Cements Ltd.
Public Sector
Industry Production and Sales
Founded April 11, 1978 (1978-04-11) in Walayar
Headquarters Walayar, Palakkad district. , Kerala - 678 624, India
Key people
Products Malabar Super, Malabar Aiswarya & Malabar Classic Cements
Total equity 26crore
Owner Government of Kerala
Website www.malabarcements.com

Malabar Cements Limited is one among the largest cement productive public sector undertaking, and fully owned company by the Government of Kerala and is the only major integrated cement-manufacturing unit in the State.[1].

History

In 1961-62, the Geological Survey of India located a limestone deposit in the Pandarethu valley of the Walayar region on the northern side of the Palakkad gap. Located in dense forest area, the hilly terrain was required heavy investment to mine. The State Govt. ventured to put up a Cement factory in the region. In 1975 feasibility Study for a cement plant at Walayar was done. In 1976 industrial License for the manufacture of Cement was obtained.

Palakkad Malabar Cement factory

The Company was incorporated on 11th April 1978 and commenced cement production in April 1984 at its Walayar plant[2]. As part of expansion programme it has commissioned a 2.0 lakh tons clinker-grinding unit at Cherthala in Alappuzha district in August 2003[3]. Thus the total installed capacity of MCL is 6.2 lakh tons. This ISO 9001:2000[4] Company meets about 10% of total cement consumption in Kerala.

Plant

The total installed capacity of MCL is 8.6 lakh tons.

Walayar Plant

The Walayar plant was successfully commissioned in 1984 and the commercial cement production started on April 1984. A 2.5MW multi-fuel power plant was commissioned in June 1998. With a production capacity of 6.6 lakh tonnes of cement per annum, this unit is largest one[5].

Cherthala Plant

Cherthala plant was started in August 2003 as part of the expansion of the company by commissioning a 600 tpd Grinding Unit. Two lakhs tonnes clinker grinding unit was commissioned here[5].

Corruption Case

ARK Woods and Metals Ltd., entered into a contract with Malabar Cements Ltd., undertaking supply of fly ash for a period of 9 years. But MCL chose to discontinue the fly ash supplied to them. As a result, MCL incurred a loss of `52.5 lakh following the withdrawal of the amount.[6].Company managing director K. Padmakumar and marketing manager G. Venugopal were arrested by the VACB recently on the charge of corruption and malpractices.[7]

In 2007, the Comptroller and Auditor General unearthed a scam of Rs 400 crore in Malabar Cements, Saseendran was the prime witness. Two years later, he wrote to the Chief Minister and Vigilance department head, in forming them about the coruption in the fully owned government undertaking. Following intimidation he had resigned and just two days after a charge sheet was filed in the case, Saseendran was dead.The accused in his death are Industries Minister Elamaram Kareem at the time,then Managing Director Sundara Moorthy and his secretary Sooryanarayanan ,VM Radhakrishnan, a private contractor with MCL[8].



Reference

  1. ↑ "MCL - Government of kerala PSU". Kerala.Gov.in. Retrieved 28 March 2018.
  2. ↑ "Malabar Cements Ltd". zaubacorp.com. Retrieved 28 March 2018.
  3. ↑ "India: Malabar Cements to resume Cherthala operations". cemnet.com. Retrieved 28 March 2018.
  4. ↑ "Cerifications and Achievements".
  5. 1 2 "Malabar Cements to set up bulk cement handling unit in Kochi". Times of India. 25 December 2014. Retrieved 31 March 2018.
  6. ↑ "Malabar Cements Corruption Case: Delhi HC Stays Further Proceedings In Attachment Of Businessman V.M. Radhakrishnan's Assets". 22 October 2017. Retrieved 24 October 2017.
  7. ↑ "Malabar Cements legal officer arrested". 30 January 2017. Retrieved 30 January 2017.
  8. ↑ "How the death of a whistle blower and two sons in 2011 has come back to haunt the CPI(M)". The News Minute. 2015-05-19. Retrieved 2018-08-05.
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