Order of the National Green Tribunal (Eastern Zone Bench, Kolkata) in the matter of Basudeb Bar & Others Vs West Bengal Pollution Control Board & Others dated 11/04/2022. The matter related to damage to soil and crops in the vicinity of the Ambuja Cements Limited, Howrah, West Bengal. A committee …
The Centre has so far transferred the environment clearance (EC) of 19 coal blocks out of approved 29 mines from the earlier allottees to the new successful bidders including JSW Steel, GMR Chhattisgarh Energy, Jaypee Cement and Ambuja Cements among others.In a bid to expedite operations from the recently allocated …
Ambuja Cements and Jaypee Cement emerged winners in the ongoing coal block auctions for the ready-to-produce blocks on Sunday. Ambuja Cements won the Gare Palma IV/8 block in Chhattisgarh for ₹2,291 a tonne. The block reserved for the non-power sector has extractable reserves of 11.75 million tonnes and was previously …
Judgement of the National Green Tribunal in the matter of Vajubhai Arsibhai Dodiya Ors. Vs Gujarat PCB Ors. dated 31/10/2013 on the accident at Gujarat Ambuja Cements Ltd. The applicants submit that on the night of 1st May, 2011, an accident took place in the cement plant due to which …
With the new Companies Act, 2013, making it mandatory for all the companies with a turnover of Rs 1,000 crore or net profit of Rs 5 crore or more to earmark 2 per cent of their net profit for the preceding three years on Corporate Social Responsibility (CSR), the state …
Order of the National Green Tribunal in the matter of Vajubhai Arsibhai Dodiya & Ors. Vs Gujarat PCB & Ors. regarding the accident in Gujarat Ambuja Cement Ltd. dated 18/07/2013.
The Supreme Court today directed 10 cement manufacturing companies to pay Rs 630 crore by June 24 as a pre-condition for hearing their appeals against a penalty of Rs 6,300 crore imposed on them for artificially hiking cement prices by forming a cartel. A vacation Bench comprising Justices Gyan Sudha …
The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartelisation. In an interim order, the tribunal also clarified the companies’ petition challenging the penalty and the Rs …
The Union ministry of coal has issued deallocation letters for eight coal blocks, giving effect to a recent decision taken by the Inter-Ministerial Group. “Government has issued letters for at least eight coal blocks given to a single company or jointly,” ministry sources said. Among companies affected by the deallocation …
The Ministry of Coal has issued de-allocation letters for eight coal blocks following a decision of the Inter-Ministerial Group. “The Government has issued letters for at least eight coal blocks given to a single company or jointly,” Ministry sources told PTI. Among the companies affected by the de-allocation are Grasim …
New Delhi Eleven cement makers whom the fair trade regulator CCI has found guilty of adopting anti-competitive practices, on Thursday approached Competition Appellate Tribunal (COMPAT) challenging its July 30 findings. It issued notices to the Competition Commission of India and listed the matter for next hearing on November 22. The …
Last week, Sriprakash Jaiswal said files were yet to reach him The Coal Ministry has not acted upon the recommendations of the Inter-Ministerial Group (IMG) for de-allocating six additional coal blocks and deduct bank guarantee in the case of seven companies. Although the IMG had submitted its final recommendations relating …
The government’s Inter-Ministerial Group (IMG) reviewing progress of coal blocks is understood to have recommended cancelling two more acreages being developed by five companies, according to people close to the development. A final view on the recommendation will be taken by Coal Minister Sriprakash Jaiswal soon. The two blocks include …
The Inter-Ministerial Group (IMG) on Thursday recommended de-allocation of two more coal blocks and deduction of bank guarantee (BG) of two more blocks. Thursday’s action concludes the IMG scrutiny of 29 blocks in the first phase. The blocks deallocated on Thursday are: Bhaskarpara, allotted to Kumarmangalam Birla-promoted Grasim Industries and …
A public interest litigation (PIL) seeking cancellation of lease and environmental clearance granted to Ambuja Cement Ltd for mining in Verval region of Junagadh district has been filed in the Gujarat Hgih court. The PIL also seeks stay on mining activities of the company while the case was pending with …
Three leading cement companies — Gujarat Ambuja, ACC and Jaypee company — owning mega cement manufacturing plants in Himachal Pradesh on Thursday slashed their prices by half. With this, a 50 kg bag of cement will now cost Rs 25 in the state. The decision, which will come into effect …
With rising prices spoiling the economic growth party, the government is ready to crack the whip beginning with a ban on cement exports. Simultaneously, efforts are on to increase imports from Pakistan, which is willing to supply up to 11 million tonnes. Yesterday, in the midst of the government's multi-pronged …
Himachal Pradesh would explore the possibilities of creating a Nanobiosys Technology Park in a joint venture, Chief Minister P.K. Dhumal said presiding over the 29th meeting of the state-level Single-window Clearance and Monitoring Committee held here today. The committee gave its clearance to 13 industrial-units involving an investment of Rs …
Making cement is energy-intensive. Energy accounts for a significant portion of the cost of producing cement. Most technological advancement, unsurprisingly, has been directed towards reducing its consumption. Unlike other industries in India, in which technological levels lag behind the best in the world, the cement industry is state of the …
In a perfect market economy, where all externalities are internalised by the companies and paid for by the consumers, a market leader will also be an environment leader. The ground reality is, however, different. Take the example of Grasim Industries Ltd, which became the biggest cement company in the country …