Concrete

Hindalco to invest around Rs 10k cr in Hirakud, Silvassa, Mundra plant

Published

5 years ago

October 19, 2021

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Hindalco Industries, an Aditya Birla Group subsidiary, is set to invest Rs 8,000-10,000 crore in the Hirakud, Silvassa, and Mundra facilities.

The funds will be used to expand flat rolling capacity in Hirakud, Odisha, build a new extrusion factory in Silvassa, Dadra and Nagar Haveli, and build a greenfield site with a recycling facility in Mundra, Gujarat, according to the Annual Report 2020-21 of Hindalco.

Hindalco announced that over the next three to seven years, it expects to expand its aluminium downstream business with an emphasis on value-added products (VAP) and that its products will cater to specific requirements for a variety of aluminium applications.

The flat-rolled product capacity of the Hirakud facility is anticipated to reach 3,40,000 tonnes per year.

The extrusion plant in Silvassa will have a capacity of 34,000 tonnes per year and three extrusion presses to serve premium customers in the building and construction, automobile and transportation, electrical, consumer and industrial goods sectors.

Furthermore, land acquisition for a new extrusion and recycling unit in Mundra is in the works, with a capacity of 93,000 tonnes per year.

In India, the emphasis is still on downstream value-added offerings, especially in the Flat-Rolled Products (FRP) and extrusions segments.

The company cites that it is committed to deploying resources to transform this vertical into a future EBITDA growth driver since the market segment presents significant untapped opportunities.

Demand for aluminium in the country trails far behind that of the rest of the world. According to the report, this, combined with lower per capita aluminium consumption, bodes well for strong demand growth in the medium to long term.

In terms of its operations in India, the company said that expanding the Utkal Alumina refinery will improve operational efficiencies while it continues to invest in modernising existing alumina capacities, resulting in higher quality output and lower on-site costs.

Concrete

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

Published

2 days ago

September 17, 2026

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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.

Concrete

Centre Defers Clearance for Limestone Mine Near Bustard Habitat

Panel seeks revised mining plan and safeguards for pipelines and wildlife

Published

3 days ago

September 16, 2026

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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.

Concrete

Telangana to Supply Subsidised Cement for Indiramma Houses

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

Published

3 days ago

September 16, 2026

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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.