The company said that it aims to meet its entire electricity requirement through renewable sources by 2050, as part of its RE100 commitment. Additionally, as a member of EP100, the company seeks to double its energy productivity.
UltraTech Cement on December 13 announced its plan to significantly increase the share of green energy in its total energy mix. The company aims to raise its current green energy portion of 22 percent to 60 percent by the fiscal year 2026, as an interim goal towards achieving an 85 percent green energy mix by 2030.
The company said that it aims to meet its entire electricity requirement through renewable sources by 2050, as part of its RE100 commitment. Additionally, as a member of EP100, the company seeks to double its energy productivity.
It currently operates with 691 MW of green energy capacity, inclusive of 262 MW from Waste Heat Recovery Systems (WHRS) and 429 MW from contracted renewable energy sources, fulfilling approximately 22 percent of its current energy needs.
Tags: Cement, Green Energy, UltraTech
Recent Posts
Govt to introduce hydrogen-based process for steel production
LR to support Shandong Marine Group’s green energy transition
Bureau Veritas assesses technical viability of carbon capture tech
Ricardo gets AiP for marine hydrogen fuel-cell system
K Line successfully conducts B100 trial
Centre extends bid deadline for oil, gas blocks
CoolCo inks long-term charter deal with GAIL
Airbus launches aviation liquid hydrogen project