The Virbhadra Singh-led Congress government, in a late evening cabinet decision on Wednesday, decided to grant licence to Reliance Industries for setting up a cement plant in the Chopal tehsil of a

SHILLONG: The Ministry of Environment and Forests (MoEF) will take a call on the quantum of penalty to be imposed on cement plants which have violated the provisions of the Forest Conservation Act,

’’Instead of taking action against the erring cement companies indicted by the JIT, the State Government came out with an amendment on definition of forest which was nothing but to shield the cement lobbies. If this (act on forest definition) is not stopped, more and more forest cover of the state will be depleted,’’

SHILLONG: The Maitshaphrang Movement (MSM) and the Jaintia Youth Fededration (JYF) has alleged that the Meghalaya Forest Regulation (Amendment) Bill, 2012 which was tabled and passed in the Assembly was in favour of the cement companies even as they have decided to file a PIL in the High Court against the State Government.

SHILLONG: The Gauhati High Court has asked the Meghalaya Government to strictly implement the directives of the Ministry of Environment & Forest pertaining to the violation of the Forest Conservation Act, 1980 by cement companies located in Jaintia hills.

The Court also directed the State Government to undertake a joint inspection of the remaining 1,140 hectares of land acquired or under the process of acquisition by the said cement companies to ascertain the status of forests and to submit the report within three months.

TNPCB issues consent to establish two such sludge disposal facilities at Tirupur and Karur.

Emissions from power plants and factories covered by the European Union's carbon market fell by 1.4 percent last year, preliminary like-for-like data showed on Tuesday, helping keep the EU on track

Accused of supplying sub-standard coal at high prices, the country’s largest coal producer, Coal India (CIL), is planning to make third-party inspection of coal samples mandatory for all future fuel supply agreements (FSAs) with the user industries in the power, steel and cement sectors.

Sources privy to the development told FE that the move would restrain companies from levelling accusations against the coal PSU as the tests on coal samples would be undertaken by an independent agency whose selection would be mutually decided by CIL and the user companies.

Lucky Cement won the 7th CSR National Award in the category of ‘Supporting and improving the education’ in Pakistan. The CSR Association publicly announced the award.

UltraTech Cement company on Friday said that it has temporarily shut down its Awarpur cement plant in Maharashtra, due to workers’ unrest, which has 3.6-million tonne production capacity.

15% allowance on capital expenditure would help PSUs, too

India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital spending, companies are expected to get a total benefit of Rs 25,000 crore.
According to an estimate by the Centre for Monitoring Indian Economy (CMIE), India Inc plans fresh capital expenditure of around Rs 5,00,000 crore in 400 projects in the next two financial years.