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JKCL paid Rs 5 cr extra to procure clinker without requirement 11/21/2016 11:43:46 PM Early Times Report JAMMU, Nov 21: The Jammu and Kashmir Cements Limited had paid Rs 5 crore extra to procure clinker worth Rs 14 crore without the company requiring it. Sources told Early Times the clinker (stony residue from burnt coal) is used in manufacturing of cement, but despite having sufficient clinker the JKCL procured it from open market that too at exorbitant rate. "The contract was given to two firms without inviting tenders which led to these firms making a fortune," sources said. They said the JKCL had projected requirement for procurement of clinker from market to the extent of 8000 MTs in its budget proposal. But it procured approximately 21000 MTs of clinker at a cost Rs 14 crore without inviting tenders. Astonishingly, the availability of clinker produced at the factory ranged between 15693 MTs and 42814 MTs while the consumption of clinker ranged between 4300 MTs and 21000 MTs. It clearly shows that there was sufficient availability of clinker produced at the factory and as such there was no need to procure clinker from the open market, sources said. They said the average direct cost of clinker produced at the factory amounted to Rs 4350 PMT while the JKCL procured clinker from open market at rate of Rs 6800 PMT, thereby resulting in incurring of extra expenditure to the tune of Rs 5 crore. In order to hush up this scam worth crores of rupees, the authority concerned claimed the procurement was made to meet the demand of cement in Leh and Kargil divisions. But the fact of the matter is the there was abundance of own produced clinker at the factory which was sufficient to meet the demand of both Leh and Kargil divisions, sources added. No senior official of the JKCL was available for comment.   Share This News with Your Friends on Social Network     Comment on this Story

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