Displaying items by tag: Power Plant

India: Ambuja Cements has concluded a deal to acquire a 57% stake in Sanghi Industries for US$202m. Reuters has reported that the company has offered to subsequently increase its stake in Sanghi Industries to as much as 83% for up to US$295m in total. It will fund the acquisition of any stake through internal accruals. Sanghi Industries operates the 6.1Mt/yr Sanghipuram cement plant, which is equipped with a 130MW captive power plant and a 13MW waste heat recovery (WHR) plant. The cement plant, in Gujarat, also has a single-jetty port on the Arabian Sea coast. Ambuja Cements' parent company Adani Group plans to more than double the Sanghipuram cement plant's capacity to 15Mt/yr.

Adani Group chair Gautam Adani said “By joining hands with Sanghi Industries, Ambuja is poised to expand its market presence, strengthen its product portfolio and reinforce its position as a leader in the construction materials sector. With this acquisition, Adani Group is well on course to achieve its target of 140Mt/yr of cement manufacturing capacity by 2028 ahead of time.”

Montenegro: UK-based private equity firm Chayton Capital has agreed to fund the feasibility study for the establishment of a joint public/private building materials production complex at the site of the Plejevlja energy hub. The complex will include a cement plant and cement bonded particle boards plant. Emerging Market Watch News has reported that the firm will also be involved in the modernisation of a coal-fired power plant at the site. The total budget for the project is Euro700m.

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.

Nigeria: GE Gas Power expects to commission a new 50MW power plant at a Dangote Cement site in early 2023. The supplier said that the new power plant will provide energy for Dangote Cement's cement production and refinery operations.

The This Day newspaper has reported that the new plant is part of a total 500MW-worth of new power infrastructure which GE Gas Power expects to commission in Nigeria before July 2023.

Japan: Mitsubishi Heavy Industries (MHI) has won an Award for Excellence at the 41st Nikkei Excellent Products and Services Awards for its carbon capture system. It was among eight industrial products to win the award for the year. The panel of judges selected MHI's system for its compact and versatile module configuration, which shortens installation and transport times.

MHI's model has been in industrial operation since June 2022, when MHI inaugurated its first system at Taihei Dengyo Kaisha's Seifu Shinto biomass power plant. The technology is now in operation or under implementation at cement plants in Japan and overseas. Most recently, MHI secured a carbon capture contract with a UK cement plant, Hanson's Padeswood plant, in mid-December 2022.

Austria: Lafarge Zement has successfully demolished the chimney of a former gas power plant at its Mannersdorf cement plant in Lower Austria. Hans Zöchling GmbH carried out the demolition work. Lafarge Zement plans to use the cleared space for a new solar power plant. Plant manager Helmut Reiterer said that further renewable power projects are also planned at the site.

Pakistan: National Transmission and Despatch Company (NTDC) has secured a US$46.6m loan from German state-owned bank KfW for construction of a new 500kV grid station in Chakwal, Punjab. The German government loaned NTDC a further US$2.55m for power capacity expansions. The investments will go towards increasing the availability of electricity in Chakwal, primarily for the benefit of the district's multiple cement plants.

Bestway Cement, DG Khan Cement and Gharibwal cement operate four cement plants with a total capacity of 8.5Mt/yr in Chakwal.

India: Dalmia Cement (Bharat) has concluded a contract for the acquisition of cement and other assets from Jaypee Group for US$684m. Mint News has reported that the deal will bring Dalmia Cement (Bharat) into control of an additional 9.4Mt/yr of cement production capacity, including 6.7Mt/yr of clinker production capacity, as well as 280MW-worth of fossil fuel-fired power capacity. All cement and grinding plants included under the deal belonged to Jaypee Group subsidiaries Jaiprakash Associates and Jaiprakash Power Ventures and are situated in Chhattisgarh, Madhya Pradesh and Uttar Pradesh.

Kenya: Savannah Cement has hired China-based Sinoma International Engineering for construction of its upcoming 2.92Mt/yr Kitui clinker plant in Eastern Province. The plant will additionally have a 900,000t/yr grinding unit, a 35MW fossil fuel-fired captive power plant and a 13MW waste heat recovery (WHR) system. Savannah Cement chair Benson Ndeta said that the plant will convert to 100% solar and WHR-powered production by the end of 2029.

Sinoma International Engineering plans to commence the project immediately, and to complete it in late 2024.

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.