UltraTech Cement Adds 127 MW Green Energy Capacity
MT Newswires Live
Oct 05
UltraTech Cement (NSE:ULTRACEMCO, BOM:532538) commissioned 116.6 MW of wind capacity at its wind-solar hybrid project in Barmer, Rajasthan, and 10 MW of waste heat recovery system (WHRS) capacity at Sarlanagar Cement Works in Karnataka.
The additions take UltraTech's installed green energy capacity to 2,024 MW, comprising 1,580 MW of renewable energy and 444 MW of WHRS, according to an Indian bourse filing on Monday. The capacity meets about 48% of the company's power requirements. By 2030, UltraTech targets to increase green energy share in its total power mix to 85%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.