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AP govt gives leeway to developers

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Builders in Andhra Pradesh are allowed to proceed with their architectural and other works even before receiving approval from relevant authorities for the project provided they adhere to norms.

However, for those taking any advantage of such flexibility, severe penal action would be initiated, Chief Minister N Kiran Kumar Reddy said.

At the Confederation of Real Estate Developers’ Associations of India (CREDAI) property show, Reddy said if builders ensure self-regulation and pass on benefits to consumers, his government would further simplify procedures and extend incentives to them.

In order to prevent delay in securing clearances, he said the state government would empower real estate developers and simplify procedures.

Even the single-window clearance may not be necessary if the developers ensure that they stick to regulatory norms.

The government is also further simplifying norms and offering sops to buildings that set up solar installations, water harvesting units and sewerage treatment facilities for recycling. They may be extended the benefit of lower taxation, he said.

There is a focus on ensuring clear titles by clearing dual and multiple registrations through land documents. Through the Mee Seva it will be possible to ensure total transparency of title deeds, he said.

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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