In a move to reduce their carbon footprint and cut energy costs, cement manufacturers are actively embracing green energy initiatives. Investments in wind and solar energy, along with the implementation of waste heat recovery systems (WHRS), are becoming increasingly prevalent in the industry. Read SURFACES REPORTER (SR)’s report below:
Approximately 35-40% of the sector's total production cost is attributed to power and fuel expenses. The shift towards green energy and alternative fuels is anticipated to diminish reliance on costly thermal power plants and state grids for electricity. Biomass, municipal waste, and pharmaceutical waste are among the alternative sources being explored to heat cement kilns.
As per Crisil Ratings, green power constituted 30-35% of the sector's total power mix in FY23. This figure is projected to climb to 40-45% by FY27, reflecting the industry's commitment to sustainable practices and environmental consciousness.