On June 24, India's third largest Cement manufacturer, Shree Cement, announced a milestone. With the official commissioning of an additional 19.5 MW solar power plant at its plant in Andhra Pradesh, the company's installed renewable energy capacity has reached a remarkable 1 GW (1,000 MW). This achievement not only demonstrates Shree Cement's strong commitment in the field of green energy, but also sets an example of sustainability in the global cement industry.
Shree Cement has been actively working to expand its renewable energy portfolio to achieve more environmentally friendly and efficient energy use. So far, the company has invested up to Rs 4,000 crore in the construction of renewable energy projects, and this portfolio has accounted for nearly half of its total installed capacity. Behind this achievement is Shree Cement's deep understanding and strong commitment to environmental protection and sustainable development.
Looking ahead, Shree Cement plans to continue to increase its investment in the renewable energy sector in FY2025. The company plans to invest about Rs 10 crore in capital expenditure to install more renewable energy facilities in five key states (Jharkhand, Haryana, Rajasthan, Uttar Pradesh and Uttarakhand). This includes 132 megawatts of solar power facilities, which will make full use of solar energy as a clean, renewable energy source to power the company's production activities.
In addition, Shree Cement is also planning to install 36 MW of wind power facilities in Rajasthan. As a stable and renewable form of energy, wind power will provide a strong complement to the company's energy supply. The company also plans to install 34 MW of waste heat recovery facilities in Karnataka and Rajasthan. Waste heat recovery is an efficient way of energy utilization, by converting waste heat generated in the production process into useful energy, not only can reduce energy consumption, but also reduce production costs.
Through the construction of this series of renewable energy projects, Shree Cement will not only further enhance its green energy utilization level, but also positively contribute to the sustainable development of India. In the context of increasing global climate change and environmental issues, this move by Shree Cement will undoubtedly set an example for other companies and drive the entire industry to a greener and more sustainable direction. (This article from see road official website www.seetao.com without permission must not be reproduced, reproduced please indicate see road network + original link) See road network strategic column editor/Xu Shengpeng
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