UltraTech Cement, India’s largest cement and ready-mix concrete (RMC) company, today announced that it plans to increase the overall share of green energy in its total energy mix to 85% by 2030. The company plans to increase its total green energy share threefold from its current 22% to 60% by FY 2026.
UltraTech targets to meet 100% of its electricity requirement through renewable energy sources by 2050, as part of its RE100 commitment. To boost the share of green energy in the overall energy mix, it has implemented several initiatives including switching to renewable energy sources and expanding Waste Heat Recovery Systems (WHRS).
Currently, UltraTech has 691 MW of green energy capacity, which includes 262 MW of WHRS installed capacity and 429 MW of contracted renewable energy. Cumulatively, this translates to about 22% of UltraTech’s current energy requirements.
UltraTech is leveraging emerging technologies to reduce reliance on thermal energy in manufacturing operations and also driving adoption of sustainable transport with logistics partners. The company has announced its intent not to invest any further in thermal power capacity, keeping in line with its objective to reduce dependence on fossil fuels and increase use of green energy.
UltraTech has partnered with Coolbrook, a Finland-based transformational technology and engineering company, to jointly develop a project to use Coolbrook’s RotoDynamic Heater (RDH) technology for decarbonization of its cement manufacturing process. The RDH technology uses electrification from renewable sources for the heating processes in cement production and removes the need to use fossil fuels, thus helping to accelerate the decarbonization of cement manufacturing. UltraTech is also exploring Carbon Capture, Utilisation, and Storage (CCUS) in collaboration with startup technology companies such as CarbonOrO, Coomtech, and Fortera.
UltraTech has pledged to deploy 500 electric trucks and add 1000 CNG/LNG vehicles in the 40-tonne category in its operations by June 2025 as part of the government of India’s eFAST initiative. It is engaging with its logistics partners for the deployment of CNG and LNG trucks to replace conventional diesel vehicles wherever possible.
UltraTech today has more than 390 CNG trucks and 50 LNG trucks operational across 17 manufacturing units. The company is looking to scale up this initiative rapidly to other manufacturing locations.
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