PSU Watch logo

| Getting finance has become difficult in coal sector: Coal India CMD Pramod Agrawal |   | Coal India’s first ever CBM extraction project gets off the blocks |   | Amid raising demand, Railways approves operation of 660 more trains |   | Centrum Financial, BharatPe set to take over PMC Bank |  

Sanjay Banga recommended for the next CMD of Cement Corporation

Sanjay Banga, who is currently serving as Chief Engineer (Civil) at MTNL, has been recommended for the post of Chairman & Managing Director (CMD) of Cement Corporation of India Limited (CCI)

PESB names Sanjay Banga for the post of next CMD of Cement Corporation
PESB names Sanjay Banga for the post of next CMD of Cement Corporation
  • PESB recommends Sanjay Banga for the post of CMD of Cement Corporation of India (CCI)

  • Banga is currently serving as Chief Engineer (Civil) at MTNL

New Delhi: Sanjay Banga is set to be the new Chairman & Managing Director (CMD) of Cement Corporation of India (CCI), a PSU under the Ministry of Heavy Industry. He has been recommended for the post of CMD of CCI by the Public Enterprises Selection Board (PESB) panel on Tuesday. He is currently serving as Chief Engineer (Civil) at Mahanagar Telephone Nigam Limited (MTNL). Currently, Engineering Projects (India) Limited's CMD DS Rana holds the additional charge of the CCI CMD post. Rana was given an additional charge of the post on May 1 after BVN Prasad’s superannuation.

Banga has been recommended for the post of CMD of CCI from the list of three candidates, who were interviewed by the Public Sector head hunter body. Other candidates were from the Indian Forest Service (IFS) and Indian Railways Service of Engineers (IRSE).

ALSO READ:

1. PESB picks Arun Kumar Singh to steer BPCL through disinvestment as its CMD

2. Govt appoints Rajeev Mishra as Electrical Inspector for BMRCL

Cement Corporation of India Limited (CCI)

Cement Corporation of India Limited (CCI) was incorporated as a company wholly owned by the government. The principal objective of the company is achieving self-sufficiency in cement production. The authorised and paid-up capital of the company is Rs 900 crores and Rs 811.41 crores respectively. CCI is at present having three operating units with an installed capacity of 14.46 lakh MT per annum. In line with the advancement in cement technology, CCI had been adopting the latest one with one million tonne plants at Tandur. Bokajan unit at Assam is under expansion.

(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram & Twitter as well. Join PSU Watch Channel in your Telegram and follow us on Twitter to stay updated)