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UltraTech Cement unveils a substantial ?13,000 crore investment plan for the third phase of expansion, targeting a capacity increase of 21.9 million. The Board of Directors approves a mix of new projects and brownfield expansion, emphasizing a commitment to reducing carbon emissions by avoiding thermal power capacity investments. The expansion encompasses a 39 MW Waste Heat Recovery System and alternative fuel equipment. With a focus on green energy, UltraTech aims for over 60% usage by 2027, supported by 400MW WHRS capacity and 1.5 GW renewable energy. The phased production is set to begin in FY26, elevating global cement capacity to 187 mtpa.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st December 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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