After Noida International Airport Limited (NIAL), the Yamuna Development Authority has now approved the master plan of the upcoming Noida International Airport in Jewar, as per official statement.
As almost all the construction-related permissions have been given, the developer company Yamuna International Airport Private Limited (YIAPL) is now preparing to start the construction work of the airport soon.
As per reports, at first, the boundary wall, YIAPL office and Air Traffic Control (ATC) building will be constructed. Chief Executive Officer, Yamuna Development Authority, Dr. Arunveer Singh informed that the Yamuna Authority has approved the master plan for the first phase of the Noida International Airport. The master plan has now been approved by all the agencies.
“The financial close marks another crucial milestone for the project, bringing it closer to start of construction works,” it said. “The project is being funded on a debt-to-equity ratio of 65:35. Zurich Airport International AG (ZAIA), a fully owned subsidiary of Flughafen Zurich AG, is the main shareholder of YIAPL and is injecting `2,005 crore as equity into the development of Noida International Airport.”
The government approved the construction of 16,488 houses in urban areas under the Pradhan Mantri Awas Yojana, taking the total number of houses sanctioned to over 1.13 crore, according to a statement.
The houses approved in the meeting on Monday are proposed to be constructed under Beneficiary-Led Construction (BLC) and Affordable Housing in Partnership (AHP) verticals of PMAY-U. “The demand for sanction has saturated in all States/UTs and work should be done expeditiously towards completing all the projects within stipulated time,” HUA Secretary Durga Shanker Mishra said.
“With this, the total number of sanctioned houses under PMAY-U is now 113.06 lakh; of which 85.65 lakh have been grounded for construction and more than 51 lakh have been completed and delivered to the beneficiaries,” it stated.
According to the statement, the secretary also urged states and union territories to participate enthusiastically in ‘PMAY(U) Awards-100 Days Challenge’. “Our major focus should be how can states/UTs make their cities saturated. Completion of projects should be aimed at,” the statement quoted him as saying.
Tata Steel has commissioned its first steel recycling plant in Haryana. The steel major has commissioned its new 0.5 MnTPA steel recycling plant at Rohtak, Haryana. The plant has been set up in collaboration with Aarti Green Tech, as a ‘Build, Own, Operate’ (BOO) partner.
The plant is equipped with modern & mechanised equipment such as shredder, baler, material handler etc. The scrap would be procured from various market segments such as obsolete households, industrial, construction & demolition, end-of-life vehicles (ELV) etc., via an app called FerroHaat.
The scrap would then be processed through mechanised equipment and the processed scrap would be supplied for downstream steel making. The steel produced through the recycled route implies lower carbon emissions, resource consumption & energy utilisation.
Indian CEOs discussed and shared the practitioners’ perspective and urgency to drive the de-carbonization agenda during a roundtable webinar organised for Indian industry by TERI. The industry panel discussion with Indian CEOs was moderated by R.R. Rashmi, Distinguished Fellow, TERI.
“India has showcased leadership in growth of renewable; however, power sector reforms are crucial for realizing mitigation targets set by country. A good push has come from the Indian government through the International Solar Alliance, but transition to de-carbonized fuels for example, green hydrogen, biofuels, and bio-resources would be crucial for India’s energy needs. This will be a game changer and a huge amount of capital allocation is needed for this,” said R. Mukundan, MD, Tata Chemicals.
“By 2030 we need 2.6 trillion dollars. My own estimate broadly is that by 2040 we need more than 6.5 trillion dollars to transform this entire journey and a lot of commitment needs to come from both the public and private sector,” Mukundan added. “Advocacy would play a key role and also we need to think about what can be done in a collaborative way for pushing more energy transition, e-mobility, and carbon capture, utilization and storage,” said Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat).
Amit Sharma, MD of Tata Consulting Engineers reiterated that importance of material circularity to be integral part of industrial roadmap especially for cement, steel, automotative to chemicals. Rethink, Rewire and Realign processes to be used to connect the old and the new by leveraging artificial intelligence (AI technologies), digital platforms and Industry 4.0 approaches for designing low carbon pathways.
In her remarks, Dr Vibha Dhawan, director general, TERI, said that the industry charter has emerged as a platform for leadership and for driving action to de-carbonize industry sectors in a coordinated and integrated manner.“I personally feel that we are left with no alternative than to move towards near zero emissions as we are already witnessing extremes of temperature, precipitation, and even diseases to some extent, at the global level,” she said.
Tata Steel BSL Ltd has set up the world’s first ultraviolet oxidation plant in the industry at its facility in Odisha’s Dhenkanal district to treat cyanide in coke oven wastewater, a deadly pollutant, the company issued a statement.
The UV oxidation unit has been established with support from the research and development team of parent company Tata Steel, it said in a release. The steel maker said the conventional method of treating cyanide in coke oven wastewater is called solid sludge separation technology, which may lead to cyanide toxicity by secondary means of toxic sludge decomposition.
The UV oxidation technology would address the issue at the Narendrapur plant with capacity to treat 80 cubic metres of wastewater per hour, it said. One of the best ways to handle cyanide is complete destruction of it by oxidation, Tata Steel BSL Chief Operating Officer, Subodh Pandey said. The UV oxidation plant helps us achieve that and, thus, no footprint is left for further contamination of the environment, he said.
