Connect with us

Economy & Market

We conduct various programmes of social & economic development initiatives

Published

on

Shares

– V Madhusudana Rao, Vice President – Operations (Cement Unit -II), The KCP Limited

What are the activities you are involved under CSR commitment and how the government mandate is prescribing various benchmarks?
The KCP Limited involved under CSR commitment, following all Statutory guidelines and organising following CSR activities under the KCP Limited, Cement Unit -II, Ramakrishna Puram: health care services, safe drinking water and sanitation, promotion of school education, skill development programme, women empowerment, infrastructure/rural development activities, disaster management and tree plantation.

What has been the impact of various CSR activities in various geographies? What is the criterion adopted in choosing the target group or community for CSR initiatives?
It is the vision of KCP CSR Wing to transform society at large surrounding our business operations. As a part of this, the company, under the stewardship of its Chairperson and Managing Director, Dr VL Indira Dutt, is conducting various programmes of social and economic development initiatives, with the national priorities such as public health, education, livelihoods, sanitation, water conversation and natural resource management.

We take care of communities around our plants, by identifying their needs and designing our CSR Programmes in such a way to meet the same.

How are the actual and prescribed budgets for the last three years? Please give details of allocations for various activities. How long it will take for you to complete the mission you have undertaken in that particular region?

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

CCU testbeds in Tamil Nadu

Published

on

By

Shares

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/

Continue Reading

Concrete

JSW Cement gears up for IPO

Published

on

By

Shares

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.

Continue Reading

Concrete

Cement industry to gain from new infrastructure spending

Published

on

By

Shares

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/

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds

    This will close in 0 seconds