Steel, cement industries need Rs 47 trillion for net-zero targets
Cement

Steel, cement industries need Rs 47 trillion for net-zero targets

The domestic steel and cement industry will need an additional Rs 47 trillion investment to meet net zero targets as per a Council on Energy, Environment and Water (CEEW) report. These two sectors will need Rs 1 trillion each year in additional operational expenditure (Opex) to achieve this. Th...

The domestic steel and cement industry will need an additional Rs 47 trillion investment to meet net zero targets as per a Council on Energy, Environment and Water (CEEW) report. These two sectors will need Rs 1 trillion each year in additional operational expenditure (Opex) to achieve this. The analysis reveals that an 8.25 per cent reduction in steel emissions and a 32 per cent reduction in cement emissions is possible without any price increase by adopting efficient technologies such as waste-heat recovery and energy-efficient drives and controls. Moreover, a 33 per cent reduction in combined carbon emissions of the steel and cement industries could be achieved with just 8.5 per cent of the total additional capex and 30 per cent of the additional annual Opex.

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Real Estate

Signature Global Awards Rs 5.6737 Billion Contract for Daxin Vistas

Signature Global (India), a leading real estate brand, has awarded construction contracts worth Rs 5.6737 billion (bn) for Daxin Vistas, an integrated township in Sohna, South of Gurugram. The announcement came during the Bhoomi Pujan ceremony, where the sample flat was also unveiled.The contracts were secured by B. L. Gupta Construction (P) Ltd. for Rs 4.82 bn to develop 2,792 independent floors in 36 months, while Shri Balaji Construction will execute external works, including sewage treatment, stormwater drainage, irrigation, and rainwater harvesting, for Rs 853.7 million.Lalit Kumar Aggarw..

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Resources

SOCOMEC Unveils High-efficiency UPS Delphys XM & DIRIS A-100/A-200 Meters

Socomec, a leading global specialist in LV power management solutions, proudly announces the launch of its latest solutions – the DELPHYS XM, an advanced Uninterruptible Power Supply (UPS) system ranging from 300 to 800 kVA/kW, and the DIRIS A-100/A-200, the ultimate all-purpose panel-mounted power quality meters, specifically designed to meet the demands of modern Data Centres and other critical infrastructures. With the DELPHYS XM offering advanced power management capabilities and the DIRIS A-100/A-200 providing intuitive energy monitoring, these products are set to revolutionize how indu..

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Infrastructure Urban

ASI Begins Underwater Archaeological Exploration in Dwarka

A team of five archaeologists from the Archaeological Survey of India (ASI), led by Prof. Alok Tripathi, Additional Director-General (Archaeology), has launched a new underwater exploration off the coast of Dwarka. The team, which includes H.K. Nayak, Dr. Aparajita Sharma, Ms. Poonam Vind, and Rajkumari Barbina, has chosen an area near the Gomati Creek for initial investigations. Notably, this marks the first time ASI has deployed a team with significant female representation for underwater research. The exploration is part of the revived Underwater Archaeology Wing (UAW) of ASI, which ha..

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