Concrete

Govt’s proposal to auction assets of CCI unit sparks political row

Published

3 years ago

May 19, 2022

admin

Telangana demanding the Centre to revive the CCI unit at Adilabad

The government’s proposal to auction the assets of the Cement Corporation of India (CCI) unit at Adilabad in Telangana has snowballed into a political controversy with the ruling Telangana Rashtra Samiti (TRS), Congress, and Left parties coming together to criticise the action and demanding the Centre revive the unit instead of dismantling it.The unit was spread over 772 acres and was shut down in 2008 as it had operated into heavy losses.On Wednesday, TRS Member of Legislative Council (MLC) K Kavitha, the daughter of Chief Minister K Chandrashekar Rao, urged the Centre to roll back the auction proposal.The Centre should consider withdrawing the decision as the action will harm thousands of families dependent on it.For the Adilabad factory, the bid was invited along with a bid for two plants in Chhattisgarh, one each from Madya Pradesh and Karnataka.Kavita said that the Centre should answer if it is proceeding to reinvest the funds in Telangana or set up new factories to create employment.She also asked if the BJP government would accord national status to state-funded irrigation projects or install Kazipet Coach Factory and educational institutions with the funds they are attempting to consolidate via the sale of national assets.Kavita said that the state BJP leaders are answerable to the people of Telangana about the auction of the Adilabad unit of CCI, privatisation of Singareni Collieries Company Ltd, and selling of national assets.Telangana’s IT and Industry Minister KT Rama Rao urged Commerce and Industry Minister Piyush Goyal to review the proposal and revive the unit. Rao said that the state government would give financial incentives if the unit is revived, which can create employment. Electricity and plenty of water were available, and the unit can be revived.A joint action committee (JAC) including TRS, Congress, CPI, CPM, and student organisations have launched a protest urging that the Centre revive the unit rather than dismantle it.S Vikas, secretary of the CCI Employees Association, told the media that there was a high court (HC) order against the auction of CCI assets and dismantling.

Image Source

Also read:Dalmia Cement decides to invest Rs 2,600 cr in Tamil Nadu within 3 years

Up Next

Bihar is getting ready to open five large plants

Don't Miss

Adani Group acquires 63.19% stake in Ambuja Cements and ACC

Concrete

Holcim UK drives sustainable construction

Published

7 days ago

May 13, 2025

admin

Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

Image source:holcim

Concrete

Cemex invests in AI optimisation through OPTIMITIVE

Published

7 days ago

May 13, 2025

admin

Cemex, through its corporate venture arm Cemex Ventures, has announced a strategic investment in OPTIMITIVE, a company specialising in AI-powered industrial process optimisation. OPTIMITIVE’s flagship products, Optibat RTO and Optibat Studio, enable real-time, closed-loop control of critical manufacturing operations, delivering notable improvements in energy efficiency and system productivity. This collaboration aims to embed artificial intelligence into Cemex’s global operations, supporting the company’s ‘Future in Action’ programme—its ambitious roadmap to achieve net-zero CO2 emissions. The integration of AI will allow Cemex to reduce energy consumption and emissions.

Image source:cemex

Concrete

GCCA releases LCR system

Published

7 days ago

May 13, 2025

admin

The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

Image source:highways.today