Displaying items by tag: Madhya Pradesh

India: JSW Cement has announced a planned US$389m investment in the construction of a new integrated cement plant in Madhya Pradesh and a grinding plant in Uttar Pradesh. Together, the plants will have a cement capacity of 5Mt/yr.

The Economic Times newspaper has reported that JSW Cement's acquisition of Springway Mining has given it access to 106Mt of new limestone reserves, with a mining lease until 2065.

India: JSW Cement is 'closing in' on an acquisition of some of India Cements' assets in Madhya Pradesh and Rajasthan. The Business Standard newspaper has reported that JSW Cement beat an offer by UltraTech Cement for the Rajasthan assets.

India Cements began construction of a new 3Mt/yr cement plant with a dedicated limestone mine in Madhya Pradesh in 2022. In May 2022, it announced that it was contemplating a land sale in order to reduce its debt. India Cements ended the 2022 financial year with debt of US$369m, up by 1.4% year-on-year from US$364m at the close of the 2021 financial year.

India: Police in Madhya Pradesh have arrested the head of human resources of a cement producer in connection with the killing of trade union leader. The victim, Manish Shukla, worked at a cement plant in Maihar in the district of Satna. The Times of India newspaper has reported that Shukla was fatally wounded in a knife attack by three men on 19 September 2022. His killing sparked protests outside the Maihar police station, in which other cement plant workers reportedly participated.

Maihar is the location of cement plants belonging to KJS Cement, Birla Corporation subsidiary RCCPL and Aditya Birla subsidiary UltraTech Cement.

India: Sagar Cement has appointed KV Vishnu Raju as its chair. He succeeds K Thanu Pillai in the post.

Vishnu Raju is a graduate in Chemical Engineering from the National Institute of Technology in Tiruchirapalli and he holds a master's degree in Chemical Engineering from the Michigan Technological University in the US. He worked as an executive director and then managing director of Raasi Cements in the 1990s. He was later on the board of Anjani Portland Cement as its chair and managing director from 1999 to 2014.

Sagar Cement operates three integrated plants and two grinding plants in Andhra Pradesh, Madhya Pradesh, Orissa and Pradesh Telangana.

India: Police in Madhya Pradesh’s Rewa District have raided a fake cement facility in the village of Ghuma. The Times of India newspaper has reported that the raid uncovered 3000 bags of fake cement, as well as vehicles used for their distribution.

India: HeidelbergCement India has commissioned a 5.5MW solar power plant in its mining area located in Damoh, Madhya Pradesh. The mining operations and clinker plant at Damoh have started receiving electricity from the plant. The solar plant is expected to generate 10GWh/yr, replacing electricity purchased from the grid.

India: JK Cement subsidiary Jaykaycem (Central) has secured a contract for the supply of cement for Rail Vikas Nigam's construction of a new line on the West Central Railway network between Devendra Nagar and Puraina in Madhya Pradesh. The line will be 50km in length.

India: The South India Cement Manufacturers’ Association (SICMA) has joined the Confederation of Indian Industry and the associations of other Telangana industries in lobbying the state government against its proposed Grid Support Charge levy on captive power plants operating in parallel to the state grid. The Hindu Business Line News has reported that power plant operators will pay a monthly levy of US$37,100/MW, potentially from 1 April 2022.

One cement company official said “Some of the most industry-friendly states such as Odisha, Karnataka and West Bengal do not levy such charges, while Tamil Nadu, Madhya Pradesh, and Gujarat levy a minimal rate of US$261 – 392/MW per month.”

India: Prism Johnson has decided to move a proposed increase in its cement grinding capacity from its integrated Satna plant in Madhya Pradesh to a location in eastern Uttar Pradesh. It has done so in response to geographical demand. Previously the cement producer said it was going to add around 1Mt/yr of grinding capacity for a cost of US$34m with a commissioning date scheduled for September 2023. Now it wants to build a 2Mt/yr grinding unit in Uttar Pradesh for around US$67m with a commissioning date by December 2024.

India: UltraTech Cement has begun mining coal at its Bicharpur coal mine in Madhya Pradesh. The producer will use the coal in its cement production. UltraTech Cement acquired the 29Mt Bicharpur coal mine at auction in 2015.