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Patel Engineering Receives Letter of Acceptance

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Patel Engineering (PEL) received a Letter of Acceptance (LOA) of a 525.36 crore contract with joint venture partner in Khammam City, Telangana. Their share in the contract is 267.93 crore.
PEL, in collaboration with its joint venture partner, was awarded the LOA by the Irrigation and CAD Department, Government of Telangana, for the construction of a reinforced cement concrete (RCC) protection wall, 8.5 km each along both the right and left banks of the Munneru River, stretching from Polepally to Prakashnagar in the city of Khammam, including construction of embankments of 2 km each on either side of the River Munneru near the Nagarjuna Sagar Left Bank Aqueduct in Khammam City, to further strengthen the project’s overall approach to improving the area’s irrigation infrastructure and water management systems.
The assigned project implies a key advancement in Telangana’s infrastructure and irrigation efforts. PEL’s involvement reinforces its leadership in infrastructure projects, developing with an aim to improve water management and support agriculture in Khammam District. The project has a 24-month completion deadline, which highlights PEL’s commitment to community welfare and improving environmental sustainability conjointly with the government and local stakeholders.

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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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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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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