TANCEM invites bids for 20 MW solar projects at Alangulam Cement Works
TANCEM Seeks Consultants for 20 MW Solar Project
Tamil Nadu Cements Corporation (TANCEM) has taken a significant stride towards sustainable energy initiatives by inviting bids for the installation of a 20 MW solar power project at its Alangulam Cement Works located in the Virudhnagar district. This initiative aligns with the corporation's commitment to environmentally friendly practices and reducing its carbon footprint in the production of cement.
The bidding process, which commenced recently, has garnered attention from consultancy firms specializing in renewable energy projects. Interested consultants are required to submit their..
Tamil Nadu government to offer new cement brand at subsidised rates
The Tamil Nadu government is set to launch a new cement brand—Valimai, at a subsidised price in the open market through Tamil Nadu Cement Corporation (Tancem).
Tancem is already producing and selling Arasu cement at prices much cheaper than private brands. State industries minister, while announcing the Valimai brand, told the media that since March this year, cement cost had surged by 4.7% due to coal shortage, the cost increase for coal and transit costs for coal imports. In a statement, the minister said that 30,000 tonnes of cement would be marketed monthly in the in..Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability t..