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

20 Sep 2023 CW Team

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..