Projects

Mega cement plant to come up in Karnataka's Chincholi

Published

12 years ago

August 21, 2012

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Shiva Shankar Minerals is to set up a mega cement manufacturing plant and a 50 mw captive power generation unit at Burigpally and Ghanapur, in Chincholi taluk of Gulbarga district in Karnataka.The company approached the Karnataka government on establishing a factory to produce 3.5 million metric tonne of cement each year. The project currently requires an investment of Rs 2,250 crore. The proposal was made to the State government at the Global Investors Meet (GIM) and the government accepted. Phase 1 of the project will require an estimated 1,050 workforce.The cement plant will need an area of 1,500 acres, officials said. Private land in Burigpally (excluding survey number 27) and survey number 1 to 126 at Ghanapur village (excluding survey number 103) in Chincholi taluk have been identified for conversion into industrial sites.For the cement plant, the land will be allotted by the State Revenue Department in Burigpally and Ghanapur villages. Officials added the completed factory will require 6 million litres of water a day – which will have to be drawn from the Mullamari River.The plant will require 89,500 kva of power from the Gulbarga Electricity Supply Company until its own captive generation unit becomes operational.

Projects

Adani Group to invest Rs 55,000 cr in Gujarat projects, including cement plant

Published

3 years ago

October 21, 2021

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Billionaire Gautam Adani announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex, envisaging direct employment to 50,000 people.

Adani Group, which operates Mundra port in the state, announced plans to foray into petrochemical business with a Rs 16,000 crore project with German chemical major BASF.

Speaking at the 9th Vibrant Gujarat Summit here, Adani said his group’s investments in Gujarat in the past five years exceed Rs 50,000 crores and “we are further accelerating our investments.”

“Over the next 5 years, our investments will include the world’s largest solar hybrid park in Khavda. The anticipated investment in this park is Rs 30,000 crore. We also plan to establish a 1 GW Data Center Park in Mundra, a one million ton copper smelting and refining project, a cement and clinker manufacturing unit in Lakhpat, an integrated Lithium battery manufacturing complex and expand our Photovoltaic manufacturing capabilities. Overall, we anticipate a total of Rs 55,000 crore of investment in all these projects,” he said.

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Projects

Bangladesh’s Chhatak Cement announces modernisation project

Published

3 years ago

October 21, 2021

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Bangladesh’s Chhatak Cement Co Ltd has announced plans to modernise its facility and convert it from wet process to dry process. The company has begun to prepare a development project proposal, with a schedule to implement the upgrades by 2021.

According to company officials, Chhatak Cement has incurred an accumulated loss of over BDT3.63bn (US$43.25m) between FY13-14 and FY17-18, mainly due to its outdated machinery resulting in loss of production capacity. The plant is currently operating at 70,000 tonnes per annum (tpa).

However, the new project is anticipated to boost production capacity and increase annual company profit to around BDT1bn. The modernisation is expected to be financed by a BDT8.9bn investment from the government, with BDT5.34bn as a loan with a payback period of seven years and the rest as equity, according to The Financial Express.

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Projects

Forced shutdown of Viet-Dung Quat cement plant in Vietnam

Published

3 years ago

October 19, 2021

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The Dai Viet-Dung Quat cement plant has been forced to temporarily shut down in the central province of Quang Ngai due to environmental pollution. Since 26 May, the locals had gathered in front of the plant to call for a shutdown.

Director of Central Region Cement JSC Trinh Van Dien, investor in the Dai Viet-Dung Quat cement plant, said, “We invited an environmental monitoring team to check the dust concentration and the results are safe. The local Department of Natural Resources and Environment hasn?t reached a conclusion on the noise level yet.”

He added, “We?ve had to temporarily close the plant, meaning we”re losing VND300m (US$13,437) and the 100 workers are kicking their heels at home. I don”t know what to do.”

The ground clearance work should have been done this year but the coal-powered plant project was delayed until 2020. As a result, the ground clearance work has also been delayed.

According to the locals, they want to be compensated for the relocation if the plant stays. “We don?t want to stay. We have to move,” local Nguyen Ne said.

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