Cement margins to remain under pressure in short term

01 Mar 2011 Editorial Team

Cement majors, ACC and Ambuja Cements, believe that margins will be under pressure as cement price will remain stable in the short-term owing to glut in the market. As per a Fitch report, cement production capacity was 201.3 mtpa in 2007-08 vis-a-vis the demand of 167.7 mtpa. The capacity went up to 236.9 mtpa in 2008-09 compared to total demand of just 181 mtpa. The agency further stated that the demand-supply imbalance would reach its highest level in 2012-13 to 125.8 mtpa with capacity going up to 392.8 mtpa.

Infrastructure Transport

20 Jun 2025

Mumbai Road Project Misses Target With Just 49% Work Done

Mumbai鈥檚 ambitious road concretisation project, launched to transform the city's roads into pothole-free corridors, has achieved only 49.07 per cent completion as of 31 May 2024, leaving half the proposed work still unfinished.The project, directed by then-Chief Minister Eknath Shinde in July 2022, aimed to concretise all roads in Mumbai within two years. The Brihanmumbai Municipal Corporation (BMC) planned a total of 2,121 roadworks across Phase 1 and Phase 2, covering a combined length of 698.44 kilometres.By the May 2024 deadline, 1,385 roads totalling 342.74 kilometres had been completed..

Infrastructure Energy

20 Jun 2025

Evolve Energy Wins Puducherry 5 MW Rooftop Solar Project

Chennai-based Evolve Energy has secured a contract to implement a 5 MW rooftop solar project across various government buildings in Puducherry, following a tender by the Pondicherry Electricity Board (PEB) and facilitated by the Solar Energy Corporation of India (SECI).The project involves deploying rooftop solar systems across key public infrastructure, including secretariats, hospitals, courts, educational institutions, and administrative offices. With site-specific customisation, Evolve Energy aims to ensure smooth integration with minimal operational disruption.As the end-to-end engineerin..

Infrastructure Energy

20 Jun 2025

BPCL Awards Volks Energie Solar-Battery Project for IDPL

Bharat Petroleum Corporation Limited (BPCL) has awarded Volks Energie a contract to commission a solar photovoltaic and lithium-ion battery system for the Irugur鈥揇evangonthi Pipeline (IDPL) Project, a vital petroleum product infrastructure initiative spanning Tamil Nadu and Karnataka.This marks the second collaboration between BPCL and Volks Energie, following a previous project in Telangana and Andhra Pradesh. The current scope involves setting up off-grid renewable power systems at key control stations and remote locations along the IDPL corridor, which stretches from Irugur near Coimbator..