Shree Cement unveils greenfield in Hyderabad

26 Mar 2024 CW Team

Shree Cement has ventured into the ready mix concrete (RMC) segment with the inauguration of its first greenfield project in Hyderabad. The plant, with a capacity of 90 cubic metres per hour, aims to position the Bangur family-promoted company as a diversified player in the cement industry, according to a statement released by the firm.

Managing Director Neeraj Akhoury expressed that the move into the RMC segment represents Shree Cement's foray into a new line of business. He cited the promising prospects of the RMC sector, driven by India's economic growth, governmental infrastructure initiatives, and increased activity in the housing sector. Akhoury affirmed the company's commitment to expanding its presence in the market through both organic growth and strategic acquisitions.

Additionally, Shree Cement recently acquired five operational plants of StarCrete LLP in Mumbai, further bolstering its RMC capacity. With this acquisition, the company's combined RMC capacity now stands at 512 cubic metres per hour. Shree Cement, operating under the brand name Bangur, currently boasts an installed capacity of 46.9 million tonnes annually in India.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..