Dalmia Cement increases its share of green fuel to 12%

10 Nov 2021 CW Team

Dalmia Cement Limited has turned to using biomass and industrial waste to protect itself from the fuel price hike.

The company is planning to raise Rs 10,000 crore for capital expenditure between FY22 and FY24 after achieving a negligible debt stage.

Managing Director and Chief Executive of Dalmia Cement, Mahendra Singhi, said that the company had increased its share of green fuel, which includes biomass and industrial wastes in total fuel consumption by 12%, and plans to increase it to 20% within one year. The plan is to gradually eliminate the use of fossil fuels.

The green fuel comes from industrial wastes such as chemical, pharma and automobile units through pyro-processing to reduce dependence on coal. Singhi said that the overall cost of green fuel is about 60% lower than fossil fuels.

Despite the coal price hike, the company managed the September quarter better than the previous quarter. Shifting to green fuel will keep high input costs under control. The earnings before interest, taxes, depreciation and amortisation (EBITDA) of Dalmia Cement dropped to 11% to Rs 621 crore during the September quarter, compared to the same period last year.

He said that the existing clinker facility and adoption of new technology in the plant resulted in a drop in power consumption. The cement power consumption was 67 kWh per tonne of cement, which has been reduced to 62 kWh.

He said that the company expects increased rural housing demand post-Covid-19. The upcoming elections may result in infrastructure demand beyond the Covid-19 levels. The company plans to increase its CAPEX to 48.5 million tonnes from 36 million tonnes.

Image Source

Also read: Dalmia Cement plans 2 mt cement plant in Bokaro at Rs 577 cr

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..