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Maharashtra to award 10,000 km of road projects under HAM

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Maharashtra’s Public Works Department (PWD) is planning to award around 10,000 km of projects in the next six months. ‘We have recently taken a decision that these will all be awarded under the Hybrid Annuity Model (HAM),’ said Ashish Singh, Principal Secretary. With the newly-introduced HAM slowly becoming popular at the Centre, states are also beginning to adopt the same.

Out of a total of 6,631 km, the National Highways Authority of India (NHAI) is targeting to award almost half, or 3,137.54 km, under the HAM route, with the remaining shared between EPC and BOT projects. In the last financial year (2015-16), 72 per cent of the total projects, or 3,149 km awarded by NHAI was under the EPC model, 20 per cent (873 km) was under the BOT model and 8 per cent (345 km) was under the newly-introduced HAM.

L&T, IRB Infrastructure, ITD, J Kumar, KNR, Dilip Buildcon, MEP Infrastructure, Ashoka Buildcon and others are willing to participate in HAM projects.

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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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