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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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Cement Firms to Invest Rs. 130 bn in Green Energy by FY28

Cement companies plan to expand clean energy capacity to 6 GW by FY28

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India’s major cement companies are set to raise their clean energy capacity to 6 GW by March 2028 from around 4 GW at the end of March 2026, according to ratings agency ICRA. The planned expansion is expected to involve investments of Rs. 130 bn over the next two years.

The additional capacity could generate annual savings of Rs. 62 bn to Rs. 67 bn, resulting in an estimated payback period of 1.8 to 2.2 years. Cement is an emission-intensive industry, and leading producers have established net-zero roadmaps covering the next 15 to 20 years.

The calcination process accounts for 57 to 60 per cent of the sector’s total emissions, while fuel combustion contributes 27 to 30 per cent and electricity consumption accounts for 10 to 13 per cent. ICRA said the figures highlighted the need for a broad decarbonisation strategy involving green power, blended cement, alternative fuels and improvements in clinker efficiency.

Green energy is considered one of the most commercially attractive decarbonisation options because it can reduce emissions while lowering operating costs. Every 5 per cent increase in green power replacement can reduce power and fuel costs by Rs. 15 to Rs. 16 per tonne. A 25 per cent replacement level could therefore save Rs. 75 to Rs. 80 per tonne and expand operating margins by 140 to 160 basis points.

Cement producers are also assessing carbon capture, utilisation and storage, although high implementation costs, energy requirements and limited transport and storage infrastructure are expected to slow commercial adoption. The government has proposed Rs. 200 bn over five years to support deployment across key sectors. Meanwhile, companies are targeting thermal substitution rates of 10 to 15 per cent over the next three to five years, compared with the current industry level of around 6 per cent.

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Centre Defers Clearance for Limestone Mine Near Bustard Habitat

Panel seeks revised mining plan and safeguards for pipelines and wildlife

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The Centre has deferred environmental clearance for a proposed limestone mine near a Great Indian Bustard habitat in Ramgarh, Rajasthan’s Jaisalmer district. The critically endangered species has an estimated wild population of about 130 in India.

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Telangana to Supply Subsidised Cement for Indiramma Houses

Poor families allotted Indiramma houses to receive cement at Rs. 230 per bag

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The Telangana government will supply cement at a subsidised price of Rs. 230 per 50-kg bag to poor and low-income families allotted Indiramma houses. The prevailing market price is between Rs. 310 and Rs. 320 per bag, the Assembly was informed on Thursday.

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