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UltraTech Cement sets target to meet 100% of electricity requirement through renewables sources by 2050

24 Sep 2021 Evaluate

UltraTech Cement has set target to meet 100 per cent of its electricity requirement through renewables sources by 2050. The company has committed to Climate Group’s RE100 initiative at Climate Week NYC 2021. RE100, led by Climate Group in partnership with CDP, brings together the world’s most influential businesses committed to 100 per cent renewable electricity.

In the last two years, UltraTech has scaled up its contracted renewable energy capacity by 2.5 times. The Company has already set a target to scale up its green energy mix to 34 per cent of its total power requirement by 2024, from the current levels of 13 per cent.

UltraTech Cement is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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