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Cash for trash

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India faces major environmental challenges associated with waste generation and inadequate waste collection, transport, treatment and disposal. Current systems in India cannot cope with the volumes of waste generated by an increasing urban population.

It is estimated that the Mumbai region alone generates one-third of the total waste generated in Maharashtra and it also tops the list of metros in terms of solid waste generated every day. The municipal solid waste generated by the Mumbai region includes all kinds of waste including biodegradable, non-biodegradable, construction, metal, plastic and other kinds of waste.

INCENTIVE FOR LESS WASTE

Stalin Dayanand, a conservationist and activist with Mumbai-based environmental NGO Vanashakti, said issues like waste management have been overlooked by governments deliberately because there is so much money involved in waste management budgets. ??he budget gets bigger and bigger when more waste is generated. There is no incentive to reduce it. Instead, the municipal corporations hand out contracts. So, why will someone stop it? Whether it is Delhi or Mumbai, there is no ward-wise estimation of waste. A waste audit has to be done in every ward to understand what are the problems of that ward. There needs to be an incentive for less waste. There needs to be a carrot and stick policy,??Stalin said.

??he landfill sites as per the rules should have been kilometres away from the nearest human habitation but there they are next to housing colonies. The entire area is enveloped in the stench. People are being treated like pigs and made to live in horrible conditions. The money involved in waste management in Mumbai itself is in the range of Rs 80-100 billion and that kind of money has its own power play,??Dayanand added.

In September 2019, a group of citizens of Pune had released an environment manifesto that was submitted to all political parties and their candidates seeking votes. Apart from other environmental issues, the citizen manifesto demanded a push for ensuring the segregation of waste at the user level and a clear policy regarding the responsibility of waste on its generator.

Stalin explained that people are aware of the problem of waste and know about the importance of segregating it but the problem is when the segregated waste is collected and they see the garbage truck taking all of it together to a dumping ground, where it is mixed again, they feel their effort is futile.

Waste management infrastructure has an important role in delivering sustainable development. Rapid population growth in India has led to depletion of natural resources. Wastes are potential resources and effective waste management with resource extraction is fundamental to effective SWM (Solid WasteManagement). Value extraction from waste can be materials, energy or nutrients, and this can provide a livelihood for many people. The transition from wastes to resources can only be achieved through investment in SWM as this depends on a coordinated set of actions to develop markets and maximize recovery of reusable/recyclable materials.

WASTE CHARACTERISATION DATA

Estimating the quantity and characteristics of municipal solid waste (MSW) in India and forecasting future waste generation is fundamental to successful waste management planning. The quantity of MSW generated depends on living standards, the extent and type of commercial activity, eating habits and season. The local economy impacts on waste composition, as high-income groups use more packaged products, resulting in higher volumes of plastics, paper, glass, metals and textiles. Changes in waste composition can have a significant impact on waste management practices.

The average composition of MSW produced by Indian cities is approximately 41 wt.% organic, approximately 40 wt.% inert, with approximately 19 wt.% potentially recyclable materials. Most organic waste is generated from households, and inert waste is generated from construction, demolition and road sweeping. Waste samples collected from Delhi, Ahmadabad and Bangalore indicate that MSW composition varies between cities.

FUTURE WASTE GROWTH

World waste production is expected to be approximately 27 billion tonnes per year by 2050, one-third of which will come from Asia, with major contributions from China and India. Waste generation in urban areas of India will be 0.7 kg per person per day in 2025, approximately four to six times higher than in 1999. The problems associated with waste become more acute as the size of communities increase. Urban India generated 31.6 million tonnes of waste in 2001 and is currently generating 47.3 million tonnes. By 2041, waste generation is predicted to be 161 million tonnes, a fivefold increase in four decades.

COLLECTION & TRANSPORT

Waste collection, storage and transport are essential elements of any SWM system and can be major challenges in cities. Waste collection is the responsibility of the municipal corporations in India. Improvements to waste collection and transport infrastructure in India will create jobs, improve public health and increase tourism . Local bodies spend around Rs 500 to Rs 1,000 per tonne on SWM with 70 per cent of this amount spent on collection and 20 per cent spent on transport. It is to be noted by the waste generators that in order to have successful model of waste utilisation the waste user would like to have a seamless supply and his consumption point. Any unreliable supply will jeopardise the success.

SOLUTIONS: WASTE TO ENERGY, WASTE TO FUEL

Source separation of inert and high moisture content fractions would maximise the potential for thermal recovery and other treatment options in India. The waste processed in thermal recovery is residual waste. The most widely used waste-to-energy technology for residual waste uses combustion to provide combined heat and power. Adopting maximum recycling with waste-to-energy in an integrated waste management system would significantly reduce dumping in India. Waste-to-energy technologies are available that can process unsegregated low-calorific value waste, and industry is keen to exploit these technologies in India. Several waste-to-energy projects using combustion of un-segregated low-calorific value waste are currently being developed. Alternative thermal treatment processes to combustion include gasification, pyrolysis, production of refuse derived fuel and gas-plasma technology.

CII WASTE MATERIAL EXCHANGE

Confederation of Indian Industry (CII) is working on an initiative to facilitate use of urban and industrial waste as alternate fuel and raw materials (AFR) in Indian cement Industry, the main objective of the initiative is to facilitate waste exchange and promote sustainable waste management practices and circular economy concepts in India. This initiative will support the nation in reducing its overall carbon emissions.

CII in partnership with European Union – Resource Efficiency Initiative for India (EU-REI) developed a unique website, which acts as a platform to facilitate material exchange and enable network between buyers and sellers, thereby promoting resource efficiency among the stakeholders of waste management in the country. This website will offer a platform for waste generator (non-hazardous and hazardous waste) to register and share the details of waste generated with quantity and quality. Also, offers waste users to access the information on waste generation and policy framework for managing the waste in the country. This website will facilitate significant synergies among large industries, Government, ULB’s and SMEs, where the waste/by-product of one may be used as a resource in other, thereby reducing the use of natural resources and overall carbon emissions.

CII will make the documents on waste inventory in various states and list of co-processing units approved by the Central Pollution Control Board (CPCB). Procedures to be followed for co-processing approvals in cement plants and transportation of Hazardous waste were listed in this section.

Moreover, official estimates report that out of the 26,000 tpd of plastic waste generated across India, only 60 per cent of it is recyclable. ??he association of cement manufacturers has assured us that they will take necessary steps to ensure that all cement plants use plastic waste fuel,??said Durga Shankar Mishra, Urban Affairs Secretary, Government of India. ??hat will help us in a big way to get rid of the garbage that can’t be processed.” The Ministry of Housing and Urban Affairs (MoHUA) has approached the cement industry to see how it can increase the dispatches of processed waste to cement plants. The current estimates are that plastic waste needs to be transported up to 200 km before reaching a cement plant for co-processing. The MoHUA and CMA collectively conducted the plastic waste initiative across five cities in India, including Delhi, Noida, Lucknow, Raipur and Ahmedabad.

Jharkhand cement plant in West Singhbhoum district is one of the first cement plants in India to adopt plastic waste co-processing. The cement producers in Gujarat are among the leaders for co-processing plastic waste, which makes up five per cent of their total fuels, and it could soon be made mandatory for producers in the state to increase this to 10 per cent of their fuel use. ?? few plants have already started setting up some infrastructure so that they can dispose of plastic waste,??added Mahendra Singhi, MD and CEO of Dalmia Bharat.

WHO PAYS?

Meanwhile, there are several issues up for discussion. These will include who will bear the cost of any investments required and how soon the country can make the switch to burning plastic waste. It is estimated that the capital expenditure required to install the necessary equipment to burn the waste will be between Rs 150 to Rs 300 million per plant.

??he model implemented in Europe and worldwide is for the polluter to pay,??added Singhi. ??f India implements this scheme, then the producers of single-use plastics will pay to dispose their waste. The cement industry should either get paid or the plastic should at least be free for us.??/p>

Another issue to be addressed is about the continuous supply of waste as the industry is expected to invest in capital expenditure.

MEGHALAYA INITIATIVE

However, initial projects have not always been free for the cement plants. In Meghalaya, where around 10 per cent of the country?? limestone reserves are found and home to many cement plants, cement companies pay for the plastic waste. One initiative has ragpickers and volunteers collecting plastic waste to be used as fuel in cement plants. To benefit from this service, cement producers have to pay the scrap dealers Rs 30/kg of plastic as part of the government?? ??lastic Challenge??initiative. The scheme enables tribal bodies and local organisations in Meghalaya to play their part in reducing plastic waste in the province, which has had a plastic ban on many items since 2018. (Source: CemNet.com)

The fuel mix of cement manufacturers is going through a churn. The last decade saw cement companies partially substitute coal with pet coke. However, the fuel mix now includes plastics and tyres, as companies look to rejig their sourcing. ??ur fuel mix currently comprises alternative fuels at 7 per cent. According to Geocycle (a waste management solution), the estimated amount in the long-term will be 13 per cent as disclosed by Ambuja Cements. The company has adopted Geocycle as a co-processing technique for industrial and other wastes at its kilns.

Co-processing refers to the use of waste materials in industrial processes as alternative fuel or raw material. Due to the high temperature in the cement kiln, different types of wastes can be effectively disposed of without harmful emissions, according to CPCB. Others like UltraTech, Nirma?? Nuvoco, JK Lakshmi and Madras Cement are among companies that are burning waste ranging from tyre chips, rubber dust to rice husk and cashew nut shells in their kilns to generate heat. At Dalmia Cement?? Responsible Industrialisation initiative, around 18.9 tonnes of plastic waste was collected from residential areas, the plant and neighbouring villages and used in the kiln to save a good 56 million kilo calories of energy.

For the country?? largest cement maker UltraTech, alternative fuels contribute eight to 18 per cent to the total fuel mix. In an investor presentation in February, the company said it is targeting 10 per cent contribution from alternative fuels by the end of the current financial year.

Companies like Shree Cements have also extended the fuel mix to sources like automobile sludge, waste water with high ammonia levels as well as medical waste. ??lternative fuel now contributes four to five per cent to our total fuel mix,??said HM Bangur, managing director of Shree Cements.

Anumita Roy Chowdhury, executive director at Centre for Science and Environment or CSE, said, ??o ensure such processes do not cause environmental hazards, there is a need for stringent monitoring of stack and process emissions as well as profiling of emissions.??She added, ??ement companies will have to invest in effective emission control systems to stay within the permissible limit and reduce toxic emissions. Adequacy of emission standards will have to be reviewed from time to time.??/p>

– VIKAS DAMLE

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Concrete

Akhoya Gets New 2.2 Km Road Link Under SASCI

Two cement concrete roads opened at Rs 29.1 million (mn) cost

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Two cement concrete pavement roads covering a total stretch of 2.2 km in Akhoya village were inaugurated on 27th June 2026 by MLA Nuklutoshi Longkumer, who attended as the special guest. The project comprises the one km L Pangersowa Road and the one point two km Longchara Junction to RC Chiten Jamir Memorial Government High School road. A formal programme followed the inauguration at the school auditorium.

A technical report was presented by Er Waloniba of the Urban Engineering Wing-III, Kohima, which stated the project was sanctioned in March 2026 under the Special Assistance to States for Capital Investment scheme for 2025-26 at a sanctioned cost of Rs 29.1 million (mn). The work order was issued to M/s Ensign Construction on thirtieth April 2026 with a stipulated completion period of 12 months. Work commenced on fourth May 2026 and was completed on sixth June 2026, with the contractor and team finishing the tasks in around two months. The project included a single-lane cement concrete pavement with side drains, two slab culverts and breast walls at required locations.

Longkumer acknowledged the Chief Minister, the advisor for urban development, contractors and other stakeholders for the allocation and support, and he commended the contractor for early completion. He noted that cooperation from landowners and the community had been important in resolving land related issues that can otherwise delay developmental works. He emphasised that planned developmental activities carried out with collective effort would enable more projects to be implemented successfully.

The headmaster of RC Chiten Jamir Memorial Government High School, I Chubasenba Longkumer, outlined the school background, noting it was established in 1962, was earlier known as Government High School Changtongya and was renamed in 2014. Local representatives said the improved approach roads would ease access for students, staff, patients and the general public and fulfil a long standing aspiration of residents. A dedicatory prayer was offered by the pastor and the programme concluded with a ribbon cutting attended by village council and town council representatives.

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Green Construction Through Cement Innovation

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Indian Cement Review (ICR) and Fuller Technologies brought industry, policy and technology leaders together to discuss how cement innovation can drive green construction at scale, writes Rakesh Rao.

India is building at a pace few countries can match. Highways, airports, housing, logistics parks, industrial corridors and urban infrastructure are reshaping the country’s economic geography. But beneath this growth story lies a difficult question: can India continue to build at scale without locking itself into a high-carbon future?

That question formed the core of an online panel discussion titled “Driving Green Construction Through Cement Innovation”, organised by Indian Cement Review (ICR) in association with Fuller Technologies as the Presenting Partner on June 25, 2026. The webinar brought together experts from cement technology, R&D, global industry platforms, building performance policy and international development cooperation to examine how low-carbon cement and material innovation can accelerate India’s green construction transition.

The discussion came at a crucial time. India has committed to achieving net-zero emissions by 2070 and reducing the carbon intensity of its economy by 45 per cent by 2030. At the same time, the country’s construction sector is expanding rapidly, driven by urbanisation, infrastructure development, housing demand and industrial growth. Cement, as one of the most widely used construction materials, sits at the heart of this transition. It is indispensable to development, but also central to the challenge of reducing embodied carbon in buildings and infrastructure.

Moderated by Nitika Krishan, Senior Urban Infrastructure and Sustainable Policy Consultant, the panel featured:

  • Kiranmai Sanagavarapu, Director, Low Carbon Solutions, Fuller Technologies;
  • Dr Hemantkumar Aiyer, VP and Head R&D, Nuvoco Vistas Corp Ltd;
  • Devika Wattal, Innovation Lead, Global Cement and Concrete Association (GCCA);
  • Dr Sunita Purushottam, MD, GBPN India (Global Buildings Performance Network); and
  • Vaibhav Rathi, Senior Technical Advisor, GIZ (the German Agency for International Cooperation)

Setting the tone for the discussion, Nitika Krishan underlined the scale of the challenge before the sector. “The question before us is no longer whether we build, but how we build sustainably,” she said. She pointed out that construction accounts for nearly 40 per cent of global energy-related carbon emissions when both operational and embodied carbon are considered. Cement production, she added, remains one of the hardest industrial processes to decarbonise.

For India, this is not merely an environmental issue. It is a development issue, a competitiveness issue and increasingly, a market issue. As one of the world’s largest cement producers and among the fastest-growing construction markets, India’s material choices will influence the carbon trajectory of its built environment for decades. As Krishan observed, sustainability solutions in economies such as India must not remain limited to laboratory success. They must be scalable, commercially viable and practical at national level.

The innovation gap: From technology to market

Experts believe that there is a need to bridge the innovation gaps for making decarbonisation in cement and concrete scalable. Devika Wattal of GCCA, explained, “The starting point must be the core cement manufacturing process itself. The first and foremost is the heart of our process, the heart of cement manufacturing. How do we reduce clinker? That is always a topic where industry is working very intrinsically.”

Clinker reduction remains one of the most important pathways for lowering emissions in cement. Since clinker production is energy-intensive and chemically emits carbon dioxide, reducing the clinker factor through supplementary cementitious materials (SCMs), blended cements and new chemistries can have a significant impact. Wattal also noted that carbon capture, utilisation and storage (CCUS) will have a role, though it may not be the first lever for all markets.

However, she stressed that innovation cannot stop at technology development. A solution that works in the lab must also be adaptable to industry, scalable in production and acceptable in construction practice. “It is important for that innovation to be adaptable, to be scalable, and so that it can be executed in real time,” she said.

Wattal also called for stronger enabling systems around innovation. These include performance-based standards, product-level embodied carbon databases and clearer frameworks for evaluating green materials. Without these, low-carbon cement products may struggle to compete with conventional materials in procurement and design.

R&D must balance carbon, cost and performance

Bringing in the R&D perspective into the discussion, Dr Hemantkumar Aiyer of Nuvoco Vistas emphasised that low-carbon cement development cannot be treated as a single-variable exercise. Cement must perform in real construction conditions. It must deliver strength, durability, consistency and cost competitiveness, while also reducing carbon.

“The root of understanding and balancing all these aspects lies in materials, and knowing the materials,” he said.

According to Dr Aiyer, R&D teams must understand the variability of raw materials such as fly ash, slag and clinker. Different sources produce different material behaviours. This makes mix optimisation, material characterisation and processing-property relationships critical. When performance is affected, cement manufacturers must understand how strength enhancers, admixtures and other performance chemicals interact with the material system.

He also linked material science with process efficiency. Clinkerisation takes place at extremely high temperatures, around 1,400 to 1,450 degrees Celsius. Any improvement in raw mix design, process control or energy optimisation can, therefore, help reduce emissions and cost. Dr Aiyer pointed to artificial intelligence-based optimisation, Cement 4.0 tools and advanced software as important enablers for real-time process and material control.

“The more you understand the materials, the more you can control it,” he said.

LC3: The promise is proven, the sequencing is not

Limestone calcined clay cement, commonly referred to as LC3, has attracted global attention because it can reduce clinker content significantly by using calcined clay and limestone while maintaining performance in many applications. Kiranmai Sanagavarapu of Fuller Technologies said the technology itself has already moved beyond proof of concept. Fuller Technologies has worked with calcined clay technology for nearly two decades and has seen plants running in France and Ghana. These plants, she said, are meeting local and national specifications, while the economics are beginning to make sense.

“The calciner is performing, the economics is stacking up, it is making business sense to produce,” she said.

But if the technology is viable, why has adoption not scaled faster? For Sanagavarapu, the answer lies in project sequencing. Too often, clay characterisation happens after equipment is specified. This, she warned, is a backward approach because calciner design depends on clay mineralogy, kaolinite content, iron levels, reactivity, moisture and other variables.

“If you don’t know what your deposit looks like before you commit for the equipment, you are, in a way, going blind into designing,” she said.

She also identified permitting and plant integration as major bottlenecks. Environmental clearances, mining permissions and local regulatory approvals must begin early. Similarly, calcined clay must be integrated into existing grinding, blending and logistics systems from the design stage, not treated as an afterthought during commissioning.

India already has IS 18189:2023 standard for LC3, but Sanagavarapu pointed out that the standard is not yet visible enough in procurement documents. “The gap between what is technically being permitted and what the procurement is asking is the single biggest bottleneck,” she said.

In her view, successful scale-up depends on getting the sequence right: clay characterisation first, permitting in parallel, standards aligned with construction, and integration built into plant design.

India’s LC3 journey: Progress, but demand remains thin

Providing details of India’s LC3 commercialisation experience, Vaibhav Rathi of GIZ noted that JK Cement carried out the first commercial production of LC3 at its Rajasthan plant, followed by JK Lakshmi Cement three months later. These initiatives were supported by the International Climate Initiative of the Government of Germany, with IIT Delhi contributing deep institutional knowledge on LC3 research and BIS certification.

Rathi said India’s early experience has produced clear lessons. One of the biggest was the need to build capacity among regulators. While BIS certification existed, State Pollution Control Boards were unfamiliar with the technology and unsure about the approval pathway.

“The capacity building is not just needed amongst the producer and the users of the cement, but also the regulators who are working with this technology for the first time,” he said.

He also highlighted the need for better information on China clay deposits. Since China clay is currently classified as a minor mineral, centralised data on availability, quality and location is limited. If cement manufacturers are to adopt LC3 at scale, stronger mineral intelligence will be important.

The third issue is demand. LC3 has already been used in projects such as Palava City in Mumbai and Noida International Airport, but these remain limited examples. “It is in a chicken and egg situation,” Rathi said. “Cement companies are saying we need more demand, and users are saying there is not enough cement available.”

Public procurement, he suggested, could help break this cycle. If agencies such as CPWD and other public bodies begin testing, accepting and specifying LC3, it could create the market confidence needed for cement companies to invest in production and storage.

Building codes must catch up with innovation

Dr Sunita Purushottam of GBPN India argued that material choices will determine built environment emissions over the long term, but India’s current policy signals remain fragmented. Although LC3 has received BIS recognition, she pointed out that building codes, municipal bylaws, schedules of rates and sustainability codes do not yet provide uniform guidance on low-carbon cement.

“The current cement regulations are largely prescriptive and favouring traditional materials,” she said. This limits the ability of alternative materials to compete on performance, durability and emissions.

Dr Purushottam also raised the issue of taxation. Cement, including LC3, currently falls under the same GST bracket as conventional cement. A differentiated tax structure, she argued, could help accelerate market adoption. “In order for the market to demand LC3, that differentiation in the GST could go a long way,” she said.

She noted that green building certifications such as IGBC and GRIHA are already creating demand for low-carbon materials by assigning points for embodied carbon and sustainable material use. However, she said large-scale adoption will require regulatory mandates, particularly through building codes and state-level notifications.

She also cautioned that low-carbon cement alone does not solve the entire building performance problem. A material may reduce embodied carbon, but the operational carbon of a building depends on thermal performance, design, insulation and energy use. “The energy part has two elements,” she said. “One is the embodied carbon of the material itself, and the other is the operational carbon.”

Collaboration is the bridge between invention and impact

Wattal said GCCA sees innovation as a strategic priority and works through platforms that connect industry with academia and start-ups. “There is no way we will decarbonise our sector without innovation,” she said.

However, she stressed that research must be connected to actual industry challenges. Innovations developed in isolation may fail when they encounter real-world barriers such as raw material variability, plant integration, cost, standards and finance. Start-ups, too, need industry mentorship and scale-up pathways.

Wattal also flagged the importance of finance. Even strong technologies may struggle to attract investment if there is no common understanding of bankability. “We have always put projects into, is this a bankable project? But the definition of a bankable project has never been defined,” she said.

For India, she saw strong potential in its academic and start-up ecosystem, but said the challenge lies in alignment and prioritisation. The country has the research base, industrial capacity and market size. What it now needs is a coordinated route from innovation to deployment.

There is a practical concern for cement manufacturers: how can existing plants be adapted for lower emissions without compromising reliability or commercial viability?

Kiranmai Sanagavarapu addressed, “The reliability risk in calcined clay retrofit is definitely real, but it is almost always self-inflicted. The risk arises when a new process is added to an existing circuit without properly redesigning grinding and blending configurations.”

Existing cement plants, she explained, can take two broad routes. The first is external sourcing of calcined clay combined with mill optimisation. This requires lower capital investment and can potentially move in 12 to 18 months if other conditions are in place. It may reduce emissions by around 20 to 30 per cent. The second route is integrated calcination on site, which requires higher capital expenditure and longer lead times, but provides greater control over quality, supply and emissions reduction potential.

For Sanagavarapu, the principle is simple: low-carbon retrofits must be designed with intent. “Design it with an intent properly from the start. Start in the market conditions where the economics are already working,” she said.

Circularity: The overlooked advantage

According to Vaibhav Rathi, fly ash and slag are already well established in cement and construction (C&D), but construction and demolition waste remains underutilised. “C&D waste is a growing business opportunity which not many have taken up,” he said. India’s continuous construction and demolition activity creates huge volumes of waste, much of which contributes to air pollution, land degradation and material inefficiency. With the right processing and standards, this waste can be converted into useful construction products.

Rathi also pointed out that LC3 has a circular economy dimension that is often overlooked. It can use low-grade kaolin-rich clay left behind after high-grade clay is extracted for other applications. “LC3 is not only a low-carbon solution, but also a circular economy solution,” he said.

At the same time, he cautioned that LC3 in India is not yet cheap because it has not reached scale. Site-specific techno-commercial feasibility studies, supported jointly by development agencies and industry, could help companies assess whether LC3 production makes technical and financial sense at a given location.

Dr Purushottam added that India must address both low-carbon cement and construction waste together. “Both low-carbon cement and C&D waste go hand in hand. India does not have an option but to work on both,” she said.

Dr Aiyer called for policy shifts from both government and industry, including preferential purchasing of sustainable materials, minimum supplementary cementitious material requirements in public and public-private projects, and faster regulatory implementation. “If we can fast-track the regulatory standards and their implementation on the ground, that is the way to go,” he said.

From green ambition to green construction

Cement innovation is no longer only about chemistry. It is about systems. Low-carbon cement will scale only when technology, standards, procurement, finance, regulation, education and construction practice move together.

LC3 and other low-carbon technologies have shown promise. India has early commercial examples, strong research capability and growing market interest. But mainstream adoption will depend on whether demand can be created, regulators can be capacitated, standards can be embedded in procurement, and manufacturers can see a clear business case.

For a country building at India’s scale, the opportunity is enormous. Cement will continue to be central to infrastructure and urban development. The challenge now is to ensure that the cement used in India’s growth story carries a lower carbon burden.

  • Rakesh Rao

Participate in Cement Expo 2026 and discover how next-gen infrastructure can be built with innovations in cement.

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JK Cement Declared Preferred Bidder For Gilund Limestone Block

Shares Edge Higher As Company Wins Rajasthan Block

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JK Cement gained after being declared preferred bidder for the Gilund Limestone Block in Chittorgarh, Rajasthan, a lease area of 370.96 hectares. The firm saw its shares trade at Rs. 5550.05, up by 28.45 points or 0.52 per cent from the previous close of Rs. 5521.60 on the BSE. The scrip opened at Rs. 5569.15 and touched a high of Rs. 5625.00 and a low of Rs. 5531.00.

The stock recorded turnover of 1742 shares on the counter and the BSE group A stock with face value Rs. 10 has a 52 week high of Rs. 7565.00 on 20-Aug-2025 and a 52 week low of Rs. 4670.05 on 12-Jun-2026. Last one week high and low stood at Rs. 5625.00 and Rs. 5329.00 respectively. The promoters holding in the company stood at 45.66 per cent, while institutions and non-institutions held 40.61 per cent and 13.73 per cent respectively.

The e-auction conducted by the Government of Rajasthan resulted in the company being declared preferred bidder for the mining lease, and the allocation will enable the company to plan phased development of the deposit, subject to regulatory approvals. The Gilund block spans 370.96 hectares and its allocation is intended to support raw material security for the company’s cement operations in the region. The designation follows the government auction process and will allow the company to plan development and integration of the deposit into its supply chain.

The current market capitalisation stands at Rs. 430.38 billion (bn), reflecting market response to the mining news and prevailing valuation levels for the sector. Investors and analysts will watch for formal allotment and related disclosures that can clarify timelines, capital expenditure and expected production profiles. The report is intended for informational purposes and does not constitute investment advice, and market participants are advised to consult advisers before making decisions.

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