Economy & Market

Agra Metro Rail Project to be completed by 2024

Published

3 years ago

April 28, 2022

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By 2024, the residents of Taj Nagri would also be able to travel by metro

The Agra Metro Rail project construction work under the Uttar Pradesh Metro Rail Corporation (UPMRC) started to pick up the pace. Upon the completion of the elevated stations of the metro, the authorities have started working on the underground stations.The central and state governments are working on the plans for the expansion of the metro rail service. The work on underground stations was inaugurated on Monday by the MD of Uttar Pradesh Metro Rail Corporation, Kumar Keshav. The first havan (ritual) was performed at the underground station to be approximately 6 km from Taj East Gate and Jama Masjid.Besides, under construction metro tracks and metro stations on Fatehabad Road in Agra are beginning to take shape.Uttar Pradesh Metro Rail Corporation (UPMRC), MD, Kumar Keshav said that seven underground stations shall be built.Kumar Keshav said that building an underground station is a tedious task. After the completion of this project, the construction work of the underground station at Jama Masjid will commence. All the stations would be connected to the elevated station.MD Kumar Keshav said that the pace of the metro work is very admirable and that the project is expected to be completed within the stipulated time.Over half of the metro work is completed on Fatehabad Road. Currently, underground stations are being set up. In the next two years, all the stations would be ready for operations. By 2024, the residents of Taj Nagri would also be able to travel by metro.

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Concrete

CCU testbeds in Tamil Nadu

Published

1 day ago

August 12, 2025

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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.

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Concrete

JSW Cement gears up for IPO

Published

1 day ago

August 12, 2025

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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.

Concrete

Cement industry to gain from new infrastructure spending

Published

3 weeks ago

July 24, 2025

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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.

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