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Cement companies are poised to increase their green power mix to 40-42% by FY25, up from 35% in FY23, resulting in anticipated savings of 140-160 basis points due to reduced energy expenses. As part of their commitment to sustainability, major cement players aim to reduce emissions by 15-17% over the next 8-10 years by favoring blended cement, which uses less clinker and, consequently, less fuel. This strategy involves a shift towards incorporating solar, wind, and Waste Heat Recovery System (WHRS) capacities to bolster their green energy intake, as highlighted in an Icra Ratings report.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st October 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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