cement industry Current Affairs, GK & News

GoI: Quota Allocation Procedure for import of Calcined Pet Coke initiated

On April 20, 2020, the Government of India has laid down procedure to allocate quota for the import of calcined pet coke in the financial year 2020-21. Highlights In October 2018, the Government of India permitted imports of certain quantity of pet coke in order to use it as fuel in anode making. Earlier, the ..

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Web Portal launched to provide star rating of coal mines

The Ministry of coal launched web portal in New Delhi to provide star rating of coal mines. Based on the star rating the highest scoring mines are to be awarded. Highlights According to the new system, the mines scoring between 91% and 100% will get 5 star, below 91% and above 81% will receive 4 ..

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CCI fines 10 cement companies and CMA for cartelisation

The Competition Commission of India (CCI) has imposed penalties on 10 cement companies and their umbrella association – Cement Manufacturers Association (CMA) for cartelisation. The CCI has levied penalties on 10 cement companies viz. ACC, ACL,  Binani, Century, India Cements, JK Cements, Lafarge, Ramco, UltraTech and  Jaiprakash Associates. What is the case? The Builders Association ..

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