Aiming to boost India’s mineral output by 200% in the next seven years, Union Minister Pralhad Joshi said about Rs 1,500 crore lying in exploration trust, could be used for accelerating this work.
He said the mining industry is undergoing reforms through transformative investor friendly interventions like the Mines and Minerals (Development and Regulation) Amendment Act 2015 that introduced transparent and competitive auction process for grant of mineral concessions besides setting up of National Mineral Exploration Trust (NMET) to accelerate mineral exploration activity.
“Mining sector has a pivotal role to play in the ‘Make in India’ vision of the Prime Minister. Growth of economy is dependent on uninterrupted supply of minerals, which form the basic raw materials for industry. The Government aims to increase mineral production (in value terms) by 200% in 7 years,” the Minister said.
The National Highways Authority of India (NHAI) has identified stretches of approximately 935 kilometres across India, which will be constructed on built operate transfer (BOT) toll mode. These stretches, with an indicative project cost of Rs 30,000 crore, have been selected in Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil Nadu, West Bengal, Chhattisgarh, and Madhya Pradesh on the basis of existing traffic plying on the carriageway.
The Government and Bureau of Energy Efficiency are working towards developing a national repository of energy efficiency benchmarks to make them accessible to industry stakeholders.
Energy Efficiency will make up for more than half of the share of abatement of energy consumption that India has committed to from 2010 to 2035, as part of its commitment to the environment, according to Milind Deore, of Bureau of Energy efficiency. He said that by 2030, the government aims to facilitate saving of about 500 billion units of energy
The government will be a friend and facilitator to the steel industry said Minister for Petroleum and Natural Gas, and Steel, Dharmendra Pradhan. He said that the government is committed to creating a conducive atmosphere for the industry.
Pradhan further added that India’s energy needs would add fuel to growth of steel consumption with the ongoing schemes of PM Awas Yojana, Har Ghar Jal Yojana and plan to provide piped natural gas in 400 cities
Ramco Cements is offering customised cement solutions calibrated to application needs. The characteristics of cement should be different for an atomic power station or dam construction, which require cement with low heat of hydration. Hence, Ramco Cements has been focusing on selling the right cement based on the construction type,” AV Dharmakrishnan, Chief Executive Officer, Ramco Cements, told.
The company has been training its dealers and staff through workshops. Now the staff at dealerships ask the buyers about the type of works-pillars, plastering, interior or exterior construction before recommending the right brand.
Ramco Cement uses its MACE (Masons, Architects, Contractors & Engineers) initiative, which offers on-the-ground guidance on correct construction practices and free mobile technical services.
In a bid to become carbon negative by 2040, Dalmia cement announced that it will build a large scale carbon capture facility at its Tamil Nadu plant in 2-3 years
“The company is committed to become ‘Carbon Negative by 2040’ and capturing process emissions from cement manufacturing will be critical towards reaching the target of net zero by 2040,” said Mahendra Singhi, MD and CEO, Dalmia Cement (Bharat) Limited.
The approach is to set up scalable large demonstration projects on carbon capture with multiple utilisation streams, he added.
“To achieve the target of carbon negative by 2040, the company is planning to adopt 100% renewable power under fossil free electricity initiative by 2030, doubling of energy productivity by 2030, switch to renewable biomass bamboo and waste to replace fossil fuel by 2035,” said Singhi.