Ambuja to join alliance for Industry Decarbonisation
Cement

Ambuja to join alliance for Industry Decarbonisation

Adani Group's Ambuja Cements announced that it had joined the Alliance for Industry Decarbonisation (AFID), a global collective aimed at accelerating the Net Zero transition in line with the Paris Agreement. According to the statement, Ambuja is the first cement manufacturer globally to join AFID, a platform for exchanging insights and experiences among stakeholders in energy-intensive industries. The company revealed its goal of achieving Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi).

Ambuja has also committed to investing Rs 100 billion in renewable energy projects, which include 1GW capacity in green energy and 376 MW from Waste Heat Recovery Systems (WHRS), with the aim of powering 60% of its expanded capacity using green energy by FY2028. This initiative, the company believes, will significantly reduce its carbon footprint while offering substantial economic benefits.

In FY24, Ambuja Cements used over 8.6 million tonnes of waste-derived resources and became 11 times water-positive and 8 times plastic-negative. Karan Adani, Non-Executive Director of Ambuja Cements, noted that joining the AFID is a crucial step in the company’s sustainability efforts. He highlighted that Ambuja is already one of the world’s lowest emission-intensity cement producers and that being part of AFID would allow the company to both share and benefit from global industry insights on decarbonisation.

The AFID, coordinated by the International Renewable Energy Agency (IRENA), seeks to foster dialogue and increase cooperation across industries to develop robust decarbonisation strategies aligned with national commitments.

Adani Group's Ambuja Cements announced that it had joined the Alliance for Industry Decarbonisation (AFID), a global collective aimed at accelerating the Net Zero transition in line with the Paris Agreement. According to the statement, Ambuja is the first cement manufacturer globally to join AFID, a platform for exchanging insights and experiences among stakeholders in energy-intensive industries. The company revealed its goal of achieving Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). Ambuja has also committed to investing Rs 100 billion in renewable energy projects, which include 1GW capacity in green energy and 376 MW from Waste Heat Recovery Systems (WHRS), with the aim of powering 60% of its expanded capacity using green energy by FY2028. This initiative, the company believes, will significantly reduce its carbon footprint while offering substantial economic benefits. In FY24, Ambuja Cements used over 8.6 million tonnes of waste-derived resources and became 11 times water-positive and 8 times plastic-negative. Karan Adani, Non-Executive Director of Ambuja Cements, noted that joining the AFID is a crucial step in the company’s sustainability efforts. He highlighted that Ambuja is already one of the world’s lowest emission-intensity cement producers and that being part of AFID would allow the company to both share and benefit from global industry insights on decarbonisation. The AFID, coordinated by the International Renewable Energy Agency (IRENA), seeks to foster dialogue and increase cooperation across industries to develop robust decarbonisation strategies aligned with national commitments.

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?