Ambuja Cements joins AFID as first cement company

01 Oct 2024 CW Team

Ambuja Cements, part of the Adani Group, has become the first cement manufacturer globally to join the Alliance for Industry Decarbonization (AFID), a platform aimed at accelerating decarbonization efforts across industries. The alliance focuses on facilitating knowledge exchange among public and private stakeholders in energy-intensive sectors.

In its commitment to sustainability, Ambuja Cements aims to achieve Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). The company plans to invest ?100 billion in renewable energy projects, targeting a capacity of 1GW and 376 MW from Waste Heat Recovery Systems (WHRS). This initiative is expected to enable 60% of its expanded capacity to run on green power by FY2028.

Ambuja Cements has already utilized over 8.6 million tonnes of waste-derived resources and achieved a status of 11x water-positive and 8x plastic-negative in FY24.

Karan Adani, Non-Executive Director of Ambuja Cements, stated, “This marks a significant step in our sustainability journey. We are among the lowest emission-intensity cement producers globally and are implementing strategic initiatives to further reduce our GHG emissions. Joining AFID will allow us to leverage the experiences of industry peers and share our decarbonization approach.”

The AFID aims to foster dialogue and enhance cooperation among companies to develop effective decarbonization strategies aligned with national commitments. The International Renewable Energy Agency (IRENA) oversees the alliance's activities.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..