Nuvoco Forecasts Rs 130 bn FY27 Revenue
Nuvoco Vistas Corp expects FY27 revenue to top Rs 130 billion (bn) as cement volumes gather pace, the company announced. The figure equates to Rs 130 bn after conversion from crore denominated targets and reflects management guidance for the next financial year. The chief executive outlined that prior constraints had limited volume growth but that recovery in demand during June and July had helped performance. The company expects costs to rise by Rs 100 to 120 per tonne (t) in the ongoing second quarter owing to monsoon related kiln maintenance shutdowns, higher fixed costs, and normal inflati..
India Core Infrastructure Output Rises Five Per Cent in June
India's core infrastructure sectors recorded growth of five per cent in June, marking a five-month high and signalling an upward trend in industrial activity. The expansion was propelled by strong performances in cement, electricity and the newly included iron ore, reflecting broader resilience across key inputs to construction and power supply. The readings point to strengthening domestic demand in construction and power generation. Production of cement and electricity each rose nine point eight per cent in the month, while iron ore output, included in the index under the new series, jumped 4..
Telangana Thermal Plants Hold Limited Coal Stock
The government told the Rajya Sabha that coal-fired power plants across India held 42.8 million (mn) tonnes (t) of coal as of July 12, enough for 14 days of generation at an 85 per cent plant load factor (PLF). The reply said coal supplies were being monitored daily through a joint mechanism and that coal rakes were being given priority to support uninterrupted thermal generation during peak demand. Officials indicated that daily data on stock levels and rake movements was reviewed to manage dispatches and avoid generation shortfalls. The Central Electricity Authority daily fuel report for Jul..
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