Displaying items by tag: Arghakhanchi Cement

Nepal: The Supreme Court has issued a landmark directive requiring industries within 15km of Lumbini, the birthplace of Lord Gautam Buddha, to relocate or shut down within two years to preserve the UNESCO World Heritage site. The ruling directly affects around 15 companies, including Arghakhanchi Cement, Jagdamba Cement and Brij Cement, according to The New Business Age newspaper.

The Court annulled earlier government decisions that allowed industrial activity in the area, declaring that protecting Lumbini’s sanctity was of global cultural and spiritual importance. It also prohibited capacity expansion or capital investment in existing plants and reaffirmed a 2009 resolution banning new carbon-emitting industries near the site.

Bishnu Prasad Neupane, chair of the Saurabh Group, which operates Jagdamba Cement, said that compensation must extend beyond land value if the relocation becomes mandatory, noting that US$142–212m has already been invested in the affected industries. Neupane also said “Grinding units do not burn coal or release carbon emissions. We have installed dust-control systems. Claims that dust travels 15km to reach Lumbini are unfounded.”

Nepal: The Nepal Electricity Authority (NEA) has agreed to supply ten industrial users, including cement producers, with an additional 151MW of electricity as part of a drive to increase domestic consumption. The cement producers concerned include Maruti Cement, Huaxin Cement, Hongshi Shivam Cement and Arghakhanchi Cement, according to the Republica newspaper. The other industrial users are mostly steel producers. In addition another 111MW is in the final stages of being allocated by the NEA to seven other industrial plants and a further 99MW has been identified for further distribution to industrial users. The government-supervised power supplier and distributor has identified around 500MW of wasted electricity supply due to low domestic consumption and a lack of transmission lines.

Nepal: A large number of cement plants are reported to have violated standard manufacturing practices and are selling products that are not up to international standards, according to the Nepal Bureau of Standards and Metrology.

The national standards body said that 25% of factories were producing sub-standard products, based on the tests of samples and market inspections conducted in the last fiscal year that ended in mid-July 2019. Some of the larger manufacturers included in the 25% were Hongshi Shivam Cement, CG Cement and Arghakhanchi Cement. A further 14 smaller suppliers were also included.