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Setback for Nirma cement plant

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In a victory for the farmers of Gujarat’s Bhavnagar district, an expert committee (EC) formed by the Union Ministry of Environment and Forests (MoEF) has recommended that the Nirma cement plant in Mahuva taluka of Bhavnagar district be relocated. The Ministry accepted the report of an expert body of five scientists which visited the site and concluded that the land allotted to Nirma by the Gujarat government was a wetland, despite the revenue classification of the area as wasteland. It is a coastal saline natural ecosystem, which after the construction of a dyke or bandhara, has been converted into a freshwater ecosystem. Under the `Vibrant Gujarat’ programme, the Narendra Modi government had allocated the land for the Rs 450 crore plant. The bandhara now prevents saltwater escaping to the surrounding fields, stores water used for irrigation during the dry season, and also helps recharge groundwater in the area. As such, it is considered a valuable common property resource by the local people, said the expert body. The polluting cement plant would harm this ecosystem, hurting both agriculture and the thriving biodiversity of the area, especially the thousands of birds, some globally endangered, which visit the wetlands. A three-judge bench headed by Chief Justice SH Kapadia adjourned the matter giving the option to Nirma to challenge the Ministry before it or the Green Tribunal.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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