Ultratech Cement Ltd.

BSE: 532538 | NSE: ULTRACEMCO
Large Cap | Cement & Construction Materials
12364.50
139.25 (1.14%)
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UltraTech Cement to exceed 25% ‘green energy’ contribution to total energy consumption by 2021

Date: 07-06-2019

UltraTech Cement is aiming to increase contribution of green energy to 25 per cent of its total power consumption by 2021. This increase is more than double the current contribution of 10% of green energy to total energy consumption by the company.

The company plans to build capacity to generate more than 650 million units of renewable power by 2021. The increased use of renewable power for the company’s electrical energy requirements will result in annual carbon emission reduction of 533000 tonnes of CO2 and in 25 years total carbon footprint reduction of 13 million tonnes of CO2. With this, UltraTech will be amongst the largest users of renewable energy in the Indian cement sector.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies strength, reliability and innovation.