Sei sulla pagina 1di 1

Press Trust of India | New Delhi J uly 21, 2014 Last Updated at 16:30 IST

Defence Ministry has approved the takeover of ailing Hindustan Cables by Ordnance Factory Board, and the Board for Reconstruction of Public Sector Enterprises
will take a call in this regard after taking into account views of all concerned Ministries.
"Department of Defence Production, Ministry of Defence has conveyed its 'in principle' approval on takeover of Hindustan Cables Limited by Ordnance Factory
Board".
"Based on the 'in principle' approval a comprehensive BRPSE note taking into account the views of various stakeholder Ministries is being submitted for the
consideration of BRPSE (Board for Reconstruction of Public Sector Enterprises)," MoS for Heavy Industries and Public Enterprises P Radhakrishnan said in a
written reply to Lok Sabha.
Hindustan Cables, which was set up in 1952 at Rupparainpur (West Bengal), has units in different states.
However, the company's units in West Bengal and Hyderabad producing Polythene Insulated J elly Filled (PIJ F) cables had not been in production since J anuary
2003, as there is no requirement of these cables in BSNL/MTNL.
Similarly, the unit at Naini, Allahabad producing optical fibre cable had also become obsolete due to change in the product specification.

Potrebbero piacerti anche