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News Punjab

Displaying items by tag: Punjab

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Bestway Cement lobbies Punjab provincial minister certification for three planned cement plants

22 February 2021

Pakistan: The Punjab provincial minister for industries and trade Mian Aslam Iqbal says that the government will soon issue new no objection certificates (NOC) to Bestway Cement for three of its new plant projects in the region. The Nation newspaper has reported that a delegation from the cement producer met the minister in late February 2021 to discuss its plans to establish new plants in Attock, Khushab and Mainwali. The company does not currently have NOCs for the planned projects.

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Punjab government approves five cement plant plans

09 December 2020

Pakistan: The government of Punjab Province has approved five cement plant plans worth a total of US$1.25bn. The Frontier Post newspaper has reported that Chief Minister Usman Buzdar chaired a cabinet meeting in which No Objection Certificates (NOCs) were issued to five planned cement plant projects.

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Dalmia Cement’s Calcom plant received fly ash from Uttar Pradesh

15 October 2020

India: Dalmia Cement has imported 3830t of fly ash from a National Thermal Power Corporation (NTPC) power plant in Uttar Pradesh for use at its 0.8Mt/yr-capacity integrated Calcom cement plant in Assam. United News of India has reported that the supplementary cementitious material (SCM) travelled over 1000km.

62.9GW-total capacity NTPC produces 65Mt/yr of fly ash, some of which is used by ACC at its cement plants in Uttar Pradesh, Madhya Pradesh and Punjab.

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Pakistan government grants eight cement plant licences

06 October 2020

Pakistan: Provincial Minerals Minister Hafiz Yasir has issued licences for the construction of eight new cement plants. The News International newspaper has reported that the state has already invested US$244m in one of the plants, and a further US$1.83bn-worth of upcoming cement production capacity will be located in the Punjab, Pakistan’s most populous province.

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Punjab government investigating cement plant establishment process

14 September 2020

Pakistan: The government of the Punjab has constituted a supervisory committee to present recommendations for easing the ‘complicated and lengthy’ processes surrounding the granting of a No Objection Certificate (NOC) in order for the establishment of cement plants. The News International has reported that Chief Minister Sardar Buzdar said, “Investors will be provided every facility and actions will be initiated against the officials concerned for any unnecessary delay.”

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Competition Commission of Pakistan launches price spike investigation

27 July 2020

Pakistan: The Competition Commission of Pakistan (CCP) has launched an investigation into alleged collusion between cement companies that may have been the cause of a localised cement price spike in northern Pakistan. On 25 July 2020 the Pakistan Bureau of Statistics (PBS) recorded cement price rises of up to 8.9% in Punjab and Khyber Pakthunkhwa compared to a month earlier, according to the Profit newspaper. Officials had predicted a nationwide price drop after the government abandoned the Federal Excise Duty (FED) on cement in June 2020. Prices have decreased by a small margin in the southern regions of Balochistan and Sindh.

The Ministry of Industries and Production previously asked producers to lower cement costs in May 2020 in order to boost construction in the interest of the post-coronavirus lockdown economic recovery.

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Pakistan’s Punjab province lifts ban on cement industry

13 December 2019

Pakistan: Punjab’s Minister for Industries & Trade Mian Aslam Iqbal says that the provincial government has lifted a ban on the cement industry after 12 years. He made the statement following a meeting reviewing investment in the cement sector and installation of new plants in the province, according to the Business Recorder newspaper. He also expressed regret that obtaining no objection certificates (NOC) for new projects had taken too long and that the local government has set up a special section of its industries department to hasten the process.

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Cement Corporation of India starts sale of Nayagaon plant

08 March 2019

India: The Cement Corporation of India has started the sale of its non-operating Nayagaon plant in Madhya Pradesh. Prospective bidders are invited to submit an expression of interest by mid-April 2019, according to the Press Trust of India. The Nayagaon plant was originally shut in 1997 but its mining lease remains valid for two quarries until early 2024.

The state-owned cement producer operates plants at Rajban in Himachal Pradesh, Bokajan in Assam and Tandur in Telangana. It has closed down integrated plants at Mandhar in Chhattisgarh, Kurkunta in Karnataka, Akaltara in Chhattisgarh, Charkhi and Dadri in Haryana, Adilabad in Telangana and Nayagaon in Madhya Pradesh. It has also closed grinding plants at Delhi and Bhatinda in Punjab. The company is planning to sell its non-operating plants first before divesting the operational units.

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Anti-corruption investigation restrained from taking criminal action against heads of DG Khan and Bestway Cement

13 November 2018

Pakistan: The Supreme Court has restrained the Punjab Anti-Corruption Department from launching criminal proceedings against the heads of DG Khan and Bestway Cement. The decision was made following a review petition filed by DG Khan Cement, according to the Statesman newspaper. It follows an investigation initiated by the Supreme Court to look into the setting up of cement plants in the Potohar region. The probe alleges government and corporate corruption.

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Government irregularities reported into setting up of plants by DG Khan and Bestway Cement in Chakwal

16 October 2018

Pakistan: A report issued by the Punjab Anti-Corruption Establishment Lahore (ACE) to the Supreme Court has found irregularities committed by government departments in connection to the setting up of cement plants by DG Khan and Bestway Cement in Chakwal. The investigation followed a probe by the Supreme Court into water usage by cement companies near the Katas Raj Temples, according to the Dawn newspaper. The allegations include a delay by the district government of Chakwal, industries, environment, mine and mineral departments into declaring so-called ‘negative’ areas that would have otherwise prevented the plants being built between 2003 and 2008. Other findings of the report include irregularities into how both companies acquired land and a disregard for environmental protocol.

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