GoI to close profit making PSU Hindustan Prefab Limited ?

The Government of India is whispered to be moving a proposal for closure of a profit making PSU: Hindustan Prefab Limited (HPL). The decision to close this PSU will consign employees and staff members to the scrapheap. The tenure of Rajesh Goel as CMD, who made headway in this PSU with profits, is ending in November this year and Government of India has not advertised the post in view of closure.