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Opposion raises concern over rising cement prices

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RAIPUR: Opposition members raised concern over fall in production and hike in cement price during monsoon session of Chhattisgarh Assembly.

BJP member Shivratan Sharma, during question hour sought reply on number of cement factories in the state, their production capacity and quantity of clinker they sent to other states.

In his reply forest and environment minister Mohammed Akbar said in six districts of the state a total of 13 cement factories are operational. Raising supplementary question, Sharma sought to know whether the state is incurring any revenue loss for sending clinker outside the state. Akbar said that during the VAT regime the tax was levied on clinker but now with GST in place no such taxation exists. The state government cannot impose any taxation on the clinker sent outside the state, he said, adding tax benefit is derived by the state wherever it is sold.

Former CM and JCC (J) member Ajit Jogi said Chhattisgarh produces 25% of cement in the country by using local mines, limestone, power, water and land but in return the state gets pollution. Therefore, the state government should take initiative to pressurise the cement companies to sell their products in lower rate in Chhattisgarh as compared to other states.

JCC (J) member Pramod Kumar Sharma claimed that the state is incurring a loss of around Rs 2000 crore annually by sending clinker to other states.

BJP member Saurabh Singh stated that if the cement price is reduced then it will boost consumption within the state and help the state earn additional revenue through the GST.

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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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