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Gadkari flags off two cargo vessels from Varanasi

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Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has flagged off two vessels viz., MV Joy Basudev (capacity 1,400 tons) and MV VV Giri (capacity 300 tons), containing newly assembled cars of Maruti Suzuki and construction material on 12 August, 2016 from the Aghoreshwar Bhagwan Ram Ghat Varanasi .
On the occasion, Gadkari said that it was his wish that the inland waterways transport system is inaugurated from Varanasi, the constituency of the Prime Minister. The Minister said this transport system will promote jobs to lakhs of people in Uttar Pradesh and will enable 11 power stations in the state to get timely supply of coal. He said this will reduce road traffic congestion and also cost less.

This route between Varanasi and Haldia will also join Allahabad and Kanpur in the future, he added. Gadkari said that inland waterways will be used for transporting passengers and the government was extending this facility to 111 waterways. He also said that three multimodal terminals will be created between Varanasi and Haldia, and the riverbanks will be protected. Gadkari said that Digital Global Positioning System will be installed and dredging will be done to ensure that the river is navigable throughout the year.

National Waterway-1 (NW-1) is being developed under the Jal Marg Vikas Project, with assistance from the World Bank, at an estimated cost of Rs 4,200 crore. The project would enable commercial navigation of vessels with capacity of 1,500-2,000 DWT tonnage from Varanasi to Haldia.

NW-1 is a waterway of national significance passing through Uttar Pradesh, Bihar, Jharkhand and West Bengal, potentially serving the major cities of Haldia, Howrah, Kolkata, Bhagalpur, Patna, Ghazipur, Varanasi, Allahabad and their industrial hinterlands including several industries located along the Ganga basin. The rail and road corridors of this region are already saturated. Hence, the development of NW-1 would result in a viable economical, efficient and eco-friendly mode of transport and huge quantities of cargo can be transported, thereby helping in economic development of this region.

Later, the Minister laid the foundation stone for the multimodal terminal at Ramnagar, Varanasi. Apart from this three road projects (Varanasi-Jamur NH 56; Varanasi-Azamgarh NH 233 and Varanasi- Gazipur NH 29) were also inaugurated. Other road projects linking Varanasi were also approved.

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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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