Economy & Market

Vicat to expand its Gulbarga cement plant at Rs 1,300 cr

Published

13 years ago

January 31, 2013

admin

To expand its its Gulbarga cement plant in Karnataka, global cement manufacturer Vicat Group is planning to invest Rs 1,300 crore. The plant is a joint-venture between Vicat and Hyderabad-based Sagar Cements. M Ravinder Reddy, Head (Marketing), Vicat Group India said that the company plans to set up two identical lines at the cement plant in subsequent years.

The infrastructure and clearances are in place and the second line is expected to be operational by 2016, Reddy said. The three lines together would take the capacity to 8.25 million tonne per annum in the next four years.
The company on January 30 announced commercial dispatch from its first line of 2.75-million tonne plant that had commenced production this month.

The first line had come up with an investment of Rs 1,800 crore with an equity : debt ratio of 35 : 65. Cement from the plant would be marketed under the ‘Bharathi Cement’ brand, and is targeted at domestic consumption in north Andhra Pradesh, north Karnataka and Maharashtra. Vicat, which had acquired a 51 per cent stake in Bharathi Cement, runs the joint venture plant at Kadapa in Andhra Pradesh.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

3 days ago

April 13, 2026

admin

The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

3 days ago

April 13, 2026

admin

TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

3 days ago

April 13, 2026

admin

Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.