Displaying items by tag: Maharashtra

India: The National Commission for Scheduled Tribes has directed the district collector of Chandrapur to supply details of compensation paid to local indigenous people since 1979 for the establishment of a limestone mine on their land in Maharashtra by UltraTech Cement. The Times of India newspaper has reported that the authorities allegedly conveyed 63.6 hectares of designated tribal land for use by the cement company.

India: Adani Group has reportedly relocated 'significant roles' in ACC and Ambuja Cements to Ahmedabad, Gujarat. ACC and Ambuja Cements' headquarters are situated in Mumbai, Maharashtra, and employ 6000 and 4700 people respectively. The Business Standard newspaper has reported that many people in leadership positions now based in Ahmedabad continue to run teams in Mumbai.

India: Hakkimuddin Ali, business head for Maharashtra at Dalmia Cement (Bharat), has been elected as vice chair of the Maharashtra branch of the Confederation of Indian Industry (CII). The CII serves as the connecting link between the industry and the government of India.

Ali said that he will use his new position to increase business and industry opportunities in Nagpur, Aurangabad and other cities in Vidarbha, identify problems faced by the industry and suggest necessary remedies to the state government.

India: Orient Cement says that it has 'mutually terminated' a memorandum of understanding with Adani Group subsidiary Adani Power Maharashtra for a sublease of land in Tiroda in Maharashtra. Orient Cement had planned to establish a grinding plant on the land. It is located at the site of Adani Power Maharashtra's Tiroda coal-fired power plant and belongs to the state-owned Maharashtra Industrial Development Corporation. The parties signed the agreement in September 2021. The reason for termination was the parties' failure to meet its conditions, even despite extensions beyond the stipulated 365-day period in which to do so.

India: Antony Waste Handling Cell Limited (AWHCL) has won a US$124m contract for construction and demolition waste management services in Mumbai. Press Trust of India News has reported that the contract covers nine municipal subdivisions of the city and will last until 2044. AWHCL said that the contract will enable it to develop the circularity of cement and concrete within the local economy. It expects to commission 600t/day-worth of waste processing capacity by March 2023. The waste management company expects a recovery rate of 25% recyclable materials.

AWHCL chairman and managing director Jose Jacob said "This sub-segment of solid waste management provides tremendous growth opportunities given the number of infrastructure development projects underway, and the government's push to accelerate the economic growth with infrastructure being one of the important growth pillars."

India: Dow Jones Institutional News has reported that Adani Group is in talks with a ‘major shareholder’ of Orient Cement over a possible acquisition of the latter’s stake in the CK Birla Group company.

Orient Cement first began producing cement in Telangana in 1982, and has since spread to Karnataka and Maharashtra, with a cement production capacity of 8Mt/yr.

Orient Cement previously leased land in Maharashtra for a new grinding plant from coal-fired power plant Adani Power Maharashtra, an Adani Group subsidiary, in late 2021. Adani Group entered the cement sector following its acquisition of ACC and Ambuja Cements from Switzerland-based Holcim on 16 September 2022.

India: UltraTech Cement says that it recently commissioned two new grinding units in Northern India. The Aditya Birla subsidiary commissioned a new 1.8Mt/yr grinding unit at its expanded Dhar integrated cement plant in Madhya Pradesh on 27 November 2022. The company also inaugurated its new 1.8Mt/yr Dhule grinding plant in Maharashtra. The projects form the first phase of 12.9Mt/yr-worth of planned expansions, announced by the company in late 2020.

UltraTech Cement's managing director Kailash Jhanwar visited the Dhar cement plant to congratulate the team there on its contribution to the expansion drive.

India: Birla Corporation plans to increase its cement production capacity to 30Mt/yr in 2030 from 20Mt/yr at present. It made the proclamation in its annual report for the 2021 – 2022 financial year. Recent developments include the inauguration of its 3.9Mt/yr integrated plant at Mukutban in Maharashtra, run under its RCCPL subsidiary. It is the group’s fourth integrated plant and is reportedly the largest single cement production line in the state. The unit also includes a 40MW captive power plant.

Other developments include plans to expand the capacity of its Kundanganj grinding plant in Uttar Pradesh to 3Mt/yr from 2Mt/yr and a plan to build a new 1.2Mt/yr grinding plant at Gaya in Bihar. The group is also increasing production from its captive coal mines. Output from the Sial Ghoghri coal mine has been increased by 20% above its rated capacity to 30,000t/month. Development of the Bikram coal mine has been advanced and production is expected to start in mid-2023. Finally, the group is adding 8MW of solar power capacity at its Chanderia, Satna and Kundanganj plants in the current financial year and a 10.6MW waste heat recovery (WHR) unit is planned for the Mukutban plant.

India: Police in Mumbai, Maharashtra, have opened a case against a Gujarat-based cement producer on charges of cheating, forgery and criminal conspiracy. The Times of India newspaper has reported that the accused company borrowed US$27m in 2017 and early 2018, purportedly for the purchase of four clinker carrier ships and the construction of jetties at two sites in Gujarat. However, the producer had mortgaged all four ships, pledging over 20% of its shares. From the funds, it reportedly paid itself for the construction of the jetties, and used US$17.35 to repay outstanding bank loans.

India: Shree Cement has started commercial production at its 3Mt/yr Patas grinding plant in the Pune District of Maharashtra. The project had an investment of around US$80m and it will source clinker from a group site in Karnataka. Covid-19 related delays previously saw the scheduled commissioning date moved from late 2020 to September 2021.