ESG stands for Environmental, Social and Governance. From financial year 2022-2023, the top 1,000 listed companies in India (by market capitalisation) will need to prepare a ‘business responsibility and sustainability report’ (or BRSR), containing detailed ESG disclosures
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The Civil Supplies Corporation has introduced this system where cement manufacturers will have to contain the cost of testing at the National Accreditation Board for Testing and Calibration Laboratories (NABL) approved labs to ensure supplying quality cement for government works. Ambuja Cements Limited, Ultratech Cement, ACC Cement and Duraton supply cement to the state governments at subsidised rates.
Cement major Shree Cement has begun commercial production at the firm's clinkerisation unit (kiln-3) at Baloda Bazar, near Raipur in Chhattisgarh last month.
The Indian cement industry's sales volumes have been estimated to rise by 18-20 per cent year-on-year in the FY22 and surpass FY20’s pre-covid-19 outbreak levels by 6 per cent, according to ICRA.
Vedanta has been supplying fly ash to many cement manufacturers around its operations in Jharsuguda. In FY22, Vedanta Jharsuguda supplied 190,000 tonne of fly ash to various cement plants in its vicinity and 60,000 tonne to local brick manufacturing MSMEs.
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JSW Energy has entered into a memorandum of understanding (MoU) with the Government of Chhattisgarh through its wholly-owned subsidiary, JSW Neo Energy, for establishing a 1,000 MW capacity hydro pumped storage project, viz. Hasdev Bango Pumped Storage Project.
India has often talked about curbing emissions and increasing forest cover to make progress toward the pledges under the Paris climate change accord. However, it has not spoken much about renewable energy.
Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for the engineering, procurement, and construction (EPC) of 44 MW of solar projects at Singareni Collieries company's various locations in Telangana.
The Cabinet Committee on Economic Affairs has approved a time extension of 36 months to the 10 provisional mega certified projects identified for furnishing the final mega certificates to the tax authorities.
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The Ministry of Jal Shakti has stated that the Central government has released more than Rs 400 bn as grants to states and Union Territories in FY 2021-22 under the Jal Jeevan Mission that seeks to guarantee tap water connections to households across the nation.
Prime Minister Gati Shakti National Master Plan indicates the first initiative on the path to enabling efficient coordination and monitoring, integrated infrastructure planning and reducing time along with cost overruns in the project execution.
Sixteen villages of Assam's Hailakandi district will be developed as model villages during the current financial year. Of the 16 model villages, Pradhan Mantri Aadarsh Gram Yojana will be implemented in 10 villages and they will receive Rs 2 mn each for various works, and Asam Adarsha Gram Yojana will be implemented in the remaining six villages.
Delhi Development Authority (DDA) will soon be presenting the Master Plan for Delhi (MPD) 2041 to its board for approval before forwarding it to the Centre for approval and official noti. The MPD 2041 draft was approved by the authority in April 2021 and placed in the public domain in June 2021.
Goa waste administration has floated a fresh tender for a 250 tonne per day waste management plant at Bainguinim. This is the third time that the tender has been floated.
Exide Industries has recently announced a Rs 60 billion investment in Karnataka for setting up one of the world's largest giga factories for advanced cell chemistry.
GAIL India and the Industrial Promotion and Investment Corporation of Odisha (IPICOL) have signed a Memorandum of Understanding (MoU) recently for cooperation in the areas of green hydrogen, green ammonia and renewable energy for the production of eco-friendly fuels in Odisha.
A Memorandum of Understanding (MoU) has been signed between the Tamil Nadu government and LuLu Group to implement three major projects in the State at a total investment of ₹35 billion.
The Indian embassy in Kathmandu has signed a memorandum of understanding (MoU) with the Ministry of Federal Affairs and General Administration, Government of Nepal and Khumbu Pasang Lhamu Rural Municipality, Soulukhumbu for the construction of the Khumjung Khunde wastewater management project.
India and Japan have launched the India-Japan Initiative for Sustainable Development of the North Eastern Region of India for cooperation in health care, forest resources management, connectivity and tourism in different states of the North-Eastern region.
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Jammu and Kashmir administration has aimed to complete 100,000 developmental projects and build 54,000 dwellings under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) in the fiscal year 2022-23. During this period, it also plans to provide internet connectivity to all gram panchayats as well as build or renovate 700 panchayat houses across the Union Territory.
Tamil Nadu’s health minister Ma Subramanian has planned to meet with Central health minister Mansukh Mandaviya in Delhi to urge him to speed up the construction of the All-India Institute of Medical Sciences (AIIMS) buildings.
Mysuru Urban Development Authority (MUDA) has announced its plan to construct over 1,000 group houses besides cluster houses in pockets of land that have not been utilised.
Godrej Properties has acquired a land parcel of 9 acres in Pimpri-Chinchwad for the development of a group housing project. The developable potential of the project is a saleable area of about 1.7 mn sq ft having an estimated revenue potential of about Rs 14 bn.
Lodha has recently closed a deal with Encube Ethicals, an integrated pharmaceutical company dedicated to topical products, to develop a nearly 100,000 sq. ft. flagship R&D ‘Centre of Excellence’ at Palava.
Hines, a real estate firm based in the US, has tied up with DNR group for the development of a premium commercial project in Bangalore which includes a 2 million sq ft of leasable area
RMZ Corporation has entered into its second joint venture (JV) with Canada Pension Plan Investment Board (CPPIB) to develop and hold commercial office space in key cities across India.
Jaipur Development Authority (JDA) has made a proposal detailing the land use of the area that had been previously reserved for the scrapped greenfield airport project in Shivdaspura.
Nagpur civic body's special purpose vehicles (SPVs), Nagpur Smart and Sustainable City Development Corporation (NSSCDCL) have decided to appoint Price Water house Coopers (PWC) as a Project Management Consultant (PMC) to monetise information and communications technology (ICT) components installed under Safe and Smart City Project worth Rs 5.2 bn in Nagpur
Madhya Pradesh Government announced that Bhopal would be the first smart city in India to be 5G-enabled. In the next four months, the city would test 5G internet services in certain areas, allowing inhabitants access to high-speed internet.
The government of Jammu and Kashmir has initially taken up Jammu and Srinagar cities for development as smart cities under the Smart City Mission (SCM).
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Adani Group has concluded financing for the Phase-I of the Navi Mumbai international airport project by fundraising a Rs 127.7 bn loan from the State Bank of India (SBI)
Rajkot in Gujarat is set to obtain a new "greenfield" airport by August 2022.The new airport is being constructed on the Ahmedabad-Rajkot highway on more than 1,000 hectares of land at an estimated cost of Rs 1,405 crore
The Ministry of Civil Aviation shortlisted two sites, Pannur and Parandu, to develop the second airport in Chennai and has referred them to the state government. Out of the four sites suggested by the government of Tamil Nadu, the ministry has shortlisted two sites.
The Karnataka state cabinet gave administrative approval for the detailed project report (DPR) of Raichur greenfield domestic airport at Rs 1.85 bn. Rights India was in charge of preparing the DPR.
The Ministry of ports, shipping and waterways recently approved six projects in Andhra Pradesh under the Sagarmala scheme, which plans to improve the capacity of major and non-major ports and modernisation. The projects are worth Rs 858.3 mn, out of which Rs 430 mn has been approved.
Adani Ports and Special Economic Zone (APSEZ) came up as the highest bidder for the greenfield deep-sea port project at Tajpur. As per reports APSEZ, the highest bidder, offered a share of 0.25 per cent of gross revenue.
The Kerala ports department is preparing to execute a slew of projects to improve the coastal infrastructure so that the state may benefit from the Vizhinjam Deepwater Sea Port, scheduled to open in May 2023.
The Chennai Metro Rail (CMRL) to conduct a feasibility study for the introduction of a suitable type of Mass Rapid Transit System (MRTS) in consideration of the conditions of the Trichy city.
The Ministry of Road Transport and Highways, recently announced that about 336 km of road works under Bharatmala Pariyojna Phase-I have been completed in Telangana.
Brihanmumbai Municipal Corporation (BMC) has proposed to develop a vehicular bridge over Goregaon Creek from Bhagat Singh Nagar slums near New Link Road in Goregaon.
The travel time between Bengaluru and Mysuru will soon be reduced to 75 minutes from the current duration of three hours when the 117 km long highway opens to the public.
The National Highways Authority of India (NHAI) approved the second phase of construction of the four-lane project of the Pathankot-Mandi between 32 miles and Rajol in the district of Kangra.
Anand Hariharan, Head – Product Development, Tata Hitachi Construction Machinery, speaks on challenges the CE industry would face by moving to complete electric.
Ashish Kumar Srivastava - Head Cement Business India, Haver and Boecker India, underlines their company’s commitment to contribute substantially to the growing needs of their employees while discussing the opening of their new office.
Hard-hitting facts such as scarcity and price hike of fossil fuels and challenges of waste management warn of difficult times ahead for the Indian cement industry, unless the players increase their efforts at increasing the capacity of Waste Heat Recovery Systems to meet their energy requirements.
Arvind Kakru, Director Sales, Rockwell Automation, talks about the difference digitisation can make in the cement manufacturing and distribution processes, its long term impact and its contribution to the sustainability efforts of the industry as a whole.
Digitisation is no longer an option, it is the need of the hour for cement companies. More than the fear of losing out to competition, it is factors such as efficiency, returns and sustainability that are fueling IT initiatives in the industry. ICR takes a closer look at the IT approach that manufacturers need to take to remain ahead of the curve.
Rizwan Sabjan, Head – Regional Sales Enablement, FLSmidth, sheds light on the use and implementation of connectivity-based technologies and AI for the smooth transitioning of the cement industry from manual to automated processes that make cement plants more sustainable and greener.
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