Concrete

The 1st Solar Today Awards 2016

Published

10 years ago

October 31, 2016

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The very first Solar Today Awards 2016 was successfully held at the InterSolar Exhibition in Mumbai on October 21, 2016, in the presence of the industry’s best and brightest.

The Solar Today Awards 2016 function began with the lighting of the lamp by G Adhiseshu, Managing Director, Andhra Pradesh Solar Power Corporation Private Ltd; Pratap Padode, Managing Director, ASAPP Info Global Group and Sumit Banerjee, Chairman, Advisory Board, ASAPP Info Global Group.

This was followed up with an introductory address by Padode, wherein he spoke about the business climate in the country and how despite tough times – financially and otherwise – India Inc is now moving forward in the solar sector. He stated confidence in businesses geared towards sustainability, solar energy and energy storage, which can be the game changers that the country needs.

After the address, an expert panel comprising Prafulla Pathak, Secretary General, Solar Energy Society of India; Preetam D’Souza, Partner, Kochhar & Co; Shirish S Garud, Director and Senior Fellow, TERI and Santosh Janakiram, Partner, Cyril Amarchand Mangaldas and moderated by Vinay Rustagi, Managing Director, Bridge to India, discussed ‘Competitive bidding for solar projects in India’.

While coming to a general consensus that competition in the solar field has drastically brought down solar costs, thus making it more financially competitive, they further felt that viability of such projects is now under question and the structure essentially eliminates smaller players from venturing anywhere near the sector.

The main event on the itinerary for the evening – the awards ceremony – was conducted next. Parameters for the basis of selection for companies were considerations on their grid-connected projects above 1 MW, AC capacity numbers where available and capacity commissioned in the last 12 months.

For the first six awards – Utility Scale Solar (Project Developer and EPC Contractor); Rooftop Solar (Project Developer and EPC Contractor); Module Manufacturer and Inverter Manufacturer – winners were decided purely based on the size or capacity. The decision of the top three players has been adjudged on the basis of data collected by Bridge to India.

The latter four awards – Top Manufacturer in India – Quality and Cost Competitiveness; Best Innovation in the Sector; Best Start-up in the Sector and Emerging State – were selected by the Jury, based on discussions conducted and the nominations received. Here, for the Jury’s Choice Award for Manufacturer in India (Composite) – Quality and Competitiveness, the factors considered were strong reputation for quality, ability to compete internationally and whether the company is amongst the Top 10 players in the country, by virtue of size and volume.

The winners of the 1st inaugural Solar Today Awards 2016:

Utility Scale Solar- Project Developer – Adani Green Energy Ltd (Largest)
Utility Scale Solar- Project Developer – Acme (Second Largest)
Utility Scale Solar – EPC contractor: Mahindra Susten Pvt Ltd (Largest)
Utility Scale Solar – EPC contractor: Sterling and Wilson Pvt Ltd (Second Largest)
Utility Scale Solar – EPC contractor: L&T (Third Largest)
Rooftop Solar – Project Developer: CleanMax Solar (Largest)
Rooftop Solar – Project Developer: Amplus Energy Solutions Pvt Ltd (Second Largest)
Rooftop Solar – EPC: Tata Power Solar System Ltd (Largest)
Rooftop Solar – EPC: Su-Kam Power Systems Ltd (Second Largest)
Rooftop Solar – EPC: Hero Future Energies Ltd (Third Largest)
Top Manufacturer (Module): Vikram Solar Pvt Ltd
Top Manufacturer (Inverter): ABB India Ltd
Jury’s Choice Award for Best Manufacturer in India (Composite): Vikram Solar Pvt Ltd
Jury’s Choice Award for Best Innovation in the solar sector: Su-Kam Power Systems Ltd
Jury’s Choice Award for Best Start-up in the solar sector: OMC Power
Emerging State in the solar sector: Andhra Pradesh

The ceremony ended on a high note with a keynote address by Adhiseshu, who spoke on the importance of solar and how the Andhra Pradesh government is augmenting its plan to add 4,107 MW of solar power capacity during FY17 to FY22 and has set a target of achieving 2,000 MW of solar rooftop by 2022. He extorted the segment players present at the event to take advantage of this and move forwards confidently.

Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

Published

19 hours ago

July 20, 2026

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Andhra Pradesh Education and IT Minister Nara Lokesh on Wednesday laid the foundation stone for the Line-2 expansion of Dalmia Bharat Cement at Chinnakomerla village in Mylavaram Mandal in Kadapa district. The project carries an investment of Rs 31 billion (bn) and is slated for completion by the third quarter of the financial year 2028. The expansion is intended to boost industrial growth and employment generation across the Rayalaseema region.

Once commissioned, the Kadapa facility will become Dalmia Bharat’s largest integrated cement manufacturing ecosystem in southern India, creating over 1,000 direct and indirect jobs and opening new business avenues for regional micro, small and medium enterprises and transport operators. Lokesh said the expansion signalled growing corporate confidence in the state and reflected the practical ease of doing business that secured repeat investment.

He placed the project within the government’s wider economic targets and recalled the Yuvagalam padayatra commitment to generate two million (mn) jobs within five years, noting that the state would cultivate talent while industry created opportunities. Lokesh highlighted Andhra Pradesh’s competitive pursuit of major manufacturing accounts, mentioning past successes and a personal initiative to engage global investors when persuading them to anchor expansion in the state.

The plant will leverage Kadapa’s abundant limestone reserves to scale production and sustainability. Clinker capacity is planned to rise from two point five million tonnes per annum (mn tpa) to six point one mn tpa, while overall cement output will increase from three point six mn tpa to nine point six mn tpa. The unit is designed to operate on over eighty per cent renewable energy and deploy waste heat recovery, zero liquid discharge, water recycling and advanced AI systems to optimise efficiency. Industries Minister TG Bharat, BC Welfare Minister S. Savitha and Jammalamadugu MLA C. Adinarayana Reddy attended the ceremony.

Concrete

Cement Prices to Stay Flat in Q2 FY27 as Costs Squeeze Margins

HDFC Securities warns monsoon slowdown and higher fuel costs

Published

4 days ago

July 17, 2026

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HDFC Securities has said the cement industry is unlikely to register a sequential increase in prices in Q2 FY27 as monsoon-related demand moderation coincides with rising fuel and packaging costs that will squeeze margins. The brokerage observed that price gains remained modest, with increases of two to three per cent quarter-on-quarter across regions, and noted subdued offtake in May with improvement in June as a delayed monsoon supported construction activity. The brokerage added that modest pricing gains so far have been insufficient to offset the input cost escalation.

The report stated that input cost pressures intensified in Q1 FY27 owing to the West Asia conflict, which pushed up coal and pet coke prices and is expected to keep fuel costs elevated, with a likely peak in Q2 FY27. It assessed that total variable costs, including packing, could rise by around Rs 150 per t quarter-on-quarter and that lower offtake and seasonal operating deleverage could further raise operating expenditure by about Rs 50 per t quarter-on-quarter.

Overall, cement prices were estimated to remain flat in Q2 FY27 as monsoon-led demand weakness offsets limited upside in realisation, and rising fuel costs alongside seasonal deleverage were expected to compress industry margins by over Rs 100 per t quarter-on-quarter to below Rs 880 per t. The brokerage indicated that the combined impact of energy inflation and higher packing expenditure would be the principal drivers of margin contraction in the near term. HDFC Securities projected a recovery in margins in H2 FY27 should the West Asia turmoil subside and energy and packing costs cool off.

The brokerage expressed optimism on long-term demand fundamentals and said improving realisation together with an anticipated cost cool-off should support a margin rebound from H2 FY27 onward, underpinning favourable industry prospects over the medium term. Its outlook rests on monsoon normalisation and a decline in imported fuel prices in the second half of the fiscal year.

Concrete

Dalmia Bharat Begins Rs 31 Bn Green Cement Unit in Kadapa

New Andhra Pradesh plant to add 9.6 MTPA cement capacity by FY28

Published

5 days ago

July 16, 2026

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Dalmia Bharat Limited recently laid the foundation stone for its second manufacturing unit at Kadapa in Andhra Pradesh. The company will invest Rs 31 billion in developing the next-generation integrated cement manufacturing facility.

The foundation-laying ceremony was attended by Nara Lokesh, Andhra Pradesh Minister for Information Technology, Electronics and Communications, Real-Time Governance and Human Resources Development, along with Puneet Dalmia, Managing Director and Chief Executive Officer, Dalmia Bharat, senior government officials and company representatives.

Scheduled to be commissioned by the third quarter of FY28, the Kadapa unit will become Dalmia Bharat’s largest integrated manufacturing facility in southern India. It will have a clinker production capacity of 6.1 million tonnes per annum and a cement manufacturing capacity of 9.6 million tonnes per annum.

The facility is designed to produce what the company describes as one of the world’s greenest cements. It is also expected to generate approximately 1,000 direct and indirect employment opportunities while supporting local MSMEs, transporters, contractors and service providers.

Lokesh said the investment reflected Dalmia Bharat’s confidence in Andhra Pradesh and aligned with the state’s objective of promoting sustainable industrialisation, job creation and technology-led economic growth.

Puneet Dalmia said the project represented the company’s long-term vision of developing low-carbon cement manufacturing assets. He added that the facility would establish new benchmarks in operational efficiency and sustainability while supporting India’s infrastructure and environmental goals.

Dalmia Bharat will also expand its regional community development programmes in education, healthcare, skill development and welfare through its DIKSHa and Gram Parivartan initiatives.

The company currently has an installed cement manufacturing capacity of 54.7 million tonnes across 19 manufacturing units in 12 states. It is also the first cement company globally to commit to the RE100, EP100 and EV100 initiatives.