Cement volumes likely to grow by 7-8% on all-round demand
Cement

Cement volumes likely to grow by 7-8% on all-round demand

Cement volumes are expected to grow by 7-8 per cent in FY2023 to around 388 million tonnes, aided by demand from housing, both rural and urban, and the infrastructure sector, according to an ICRA anal...

Cement volumes are expected to grow by 7-8 per cent in FY2023 to around 388 million tonnes, aided by demand from housing, both rural and urban, and the infrastructure sector, according to an ICRA analysis. In the infrastructure segment, the significant increase of 24 per cent in capital expenditure to Rs.7.5 trillion in the FY23 budget estimates over FY2022 revised estimates, led by  Rs.1.8 trillion for roads and  Rs.1.4 trillion for railways, augurs well for cement demand. However, the elevated input costs are likely to adversely impact operating margins, which are expected to be the lowest in the last seven years.

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Infrastructure Transport

Palakkad Railway Division Upgrades Turnouts for Safety

The Southern Railway’s Palakkad Division has implemented a series of infrastructure upgrades to enhance train safety and operational efficiency. Over the past one year, the division has replaced one hundred thirty-three ageing fifty-two kilogram turnouts with robust sixty kilogram Thick Web Switches, engineered for high-speed durability and increased strength.Seventy-seven track layouts were corrected using advanced computer-based geometry solutions, involving precise longitudinal and lateral alignment with the aid of the T-28 Track Relaying Machine. These corrections improve track stability..

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Infrastructure Energy

Centre to Fast-Track Four Hydro Projects in Kishtwar

The Government of India is set to fast-track the construction of four major hydropower projects in Jammu and Kashmir’s Kishtwar district—Pakal Dul, Ratle, Kiru, and Kwar. These are being developed on the Chenab river and its tributaries, with Pakal Dul standing out as the state’s first water storage hydro project.The Pakal Dul project will have a capacity of one thousand megawatts and a live storage of nearly one hundred nine million cubic metres, significantly higher than the thirty million cubic metres at the existing Baglihar dam. Kiru, Ratle, and Kwar will offer limited storage with ..

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Infrastructure Energy

India to Commission Chenab Power Projects in FY27

The Government of India plans to commission the 1,000 MW Pakal Dul and 624 MW Kiru hydropower plants on the Chenab river by the second quarter of financial year 2026–27. This follows a directive from the Ministry of Power to fast-track delayed projects in Jammu and Kashmir after the recent suspension of the Indus Waters Treaty.Power Secretary Pankaj Agarwal confirmed that contractors for five ongoing hydro projects in the region have been summoned and instructed to avoid further delays. The Pakal Dul plant is under construction on the Marusudar tributary in Kishtwar, while Kiru is also being..

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