UltraTech Cement targets to achieve 85% green energy

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.