Steel

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JSW Steel is one of the first steel companies in India to get the GreenPro ecolabel certification for JSW Neosteel, its brand of TMT rebars. GreenPro is a Type-1 Ecolabel by Confederation of Indian Industry (CII), which enables the end-users in the building and manufacturing sector to make info...

JSW Steel is one of the first steel companies in India to get the GreenPro ecolabel certification for JSW Neosteel, its brand of TMT rebars. GreenPro is a Type-1 Ecolabel by Confederation of Indian Industry (CII), which enables the end-users in the building and manufacturing sector to make informed decisions by choosing sustainable products, materials and technologies for the construction, operation and maintenance of their buildings and factories. Frontrunner JSW Steel has always been the front runner in the industry to demonstrate its commitment to sustainable products. JSW Neosteel TMT bars are manufactured through High Yield Quenched and Self Tempered (HYQST) technology, which ensures uniform quality across the bar. In addition, the TMT bars have the highest grade of purity and lowest Sulphur and phosphorous content which makes it more stronger and sustainable. In addition to the product sustainability, Green Pro assign credits to the environment-friendly manufacturing processes, thus recognising JSW Steel as a sustainable manufacturer. All its rebar manufacturing units, along with all grades (Fe 500D, Fe 550D, Fe 600, CS2:2012 500B, BS 4449 B500B, Fe 500D CRS, Fe 550D CRS, Fe 600 CRS, Fe 650), are covered under the certification. Sustainable at heartJayant Acharya, Director, Sales, Marketing and Corporate Strategy, JSW Steel, said: “Sustainability is at the heart of the JSW Group and the GreenPro Certification for JSW Neosteel is a testament to this. We believe that certifications like these, while disclosing the environmental friendly footprint of our products, will enable our customers to make smart and informed choices for their critical building and construction products. JSW Neosteel TMT bars not only have the perfect balance of strength and ductility, but are also better for the environment, offering 100 per cent recyclability and life-cycle cost.” JSW Neosteel has its presence in major projects of national importance and some landmark structures of India, such as high speed rail projects, metro-rail projects, atomic power plants, refinery projects, expressways, heavy bridges, ports, airports, landmark high-rises, commercial complexes and many more.As a group, JSW is committed to provide green product choices to the customers in the construction sector and promotes green buildings that will help to build a climate resilient and low carbon society. JSW Cement products have the lowest GHG emission intensity and its products Portland Slag Cement (PSC), Ground Granulated Blast Furnace Slag (GGBS) and Composite Cement (CC) are already GreenPro Certified, and together with the JSW Neosteel, it promotes product sustainability by reducing overall environmental impact of the structure over its life-cycle.(Communication by the management of the company)

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Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

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Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

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Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

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