Cement companies' green power mix likely to rise to 42 pc
Cement

Cement companies' green power mix likely to rise to 42 pc

Cement companies are poised to significantly increase their utilization of green power sources, with expectations of a rise to 40-42% by FY25, up from the current 35% in FY23. This transition towards greener energy solutions is projected to result in substantial cost savings of 140-160 basis points through reduced energy expenditures, as stated in a report released on Monday.

Leading cement manufacturers are committed to reducing their emissions by 15-17% over the next 8-10 years. They aim to achieve this by increasing the proportion of blended cement, which utilizes less clinker and, consequently, requires less fuel. The report, conducted by Icra Ratings, underscores that this shift towards blended cement will facilitate an increase in the adoption of green power sources, including solar, wind, and Waste Heat Recovery Systems (WHRS).

Additionally, the report notes a growing inclination within the industry to transition to alternative fuels. Icra Ratings estimates that green power will constitute 40-42% of the overall power mix for cement companies by March 2025, a notable increase from the approximately 35% recorded in March 2023. This shift towards sustainability and greener energy practices aligns with broader efforts to reduce environmental impact within the cement sector.

Cement companies are poised to significantly increase their utilization of green power sources, with expectations of a rise to 40-42% by FY25, up from the current 35% in FY23. This transition towards greener energy solutions is projected to result in substantial cost savings of 140-160 basis points through reduced energy expenditures, as stated in a report released on Monday. Leading cement manufacturers are committed to reducing their emissions by 15-17% over the next 8-10 years. They aim to achieve this by increasing the proportion of blended cement, which utilizes less clinker and, consequently, requires less fuel. The report, conducted by Icra Ratings, underscores that this shift towards blended cement will facilitate an increase in the adoption of green power sources, including solar, wind, and Waste Heat Recovery Systems (WHRS). Additionally, the report notes a growing inclination within the industry to transition to alternative fuels. Icra Ratings estimates that green power will constitute 40-42% of the overall power mix for cement companies by March 2025, a notable increase from the approximately 35% recorded in March 2023. This shift towards sustainability and greener energy practices aligns with broader efforts to reduce environmental impact within the cement sector.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement