亚博体育官网首页

Ambuja Cements joins AFID as first cement company
Cement

Ambuja Cements joins AFID as first cement company

Ambuja Cements, part of the Adani Group, has become the first cement manufacturer globally to join the Alliance for Industry Decarbonization (AFID), a platform aimed at accelerating decarbonization efforts across industries. The alliance focuses on facilitating knowledge exchange among public and private stakeholders in energy-intensive sectors.

In its commitment to sustainability, Ambuja Cements aims to achieve Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). The company plans to invest ?100 billion in renewable energy projects, targeting a capacity of 1GW and 376 MW from Waste Heat Recovery Systems (WHRS). This initiative is expected to enable 60% of its expanded capacity to run on green power by FY2028.

Ambuja Cements has already utilized over 8.6 million tonnes of waste-derived resources and achieved a status of 11x water-positive and 8x plastic-negative in FY24.

Karan Adani, Non-Executive Director of Ambuja Cements, stated, 鈥淭his marks a significant step in our sustainability journey. We are among the lowest emission-intensity cement producers globally and are implementing strategic initiatives to further reduce our GHG emissions. Joining AFID will allow us to leverage the experiences of industry peers and share our decarbonization approach.鈥�

The AFID aims to foster dialogue and enhance cooperation among companies to develop effective decarbonization strategies aligned with national commitments. The International Renewable Energy Agency (IRENA) oversees the alliance's activities.

Ambuja Cements, part of the Adani Group, has become the first cement manufacturer globally to join the Alliance for Industry Decarbonization (AFID), a platform aimed at accelerating decarbonization efforts across industries. The alliance focuses on facilitating knowledge exchange among public and private stakeholders in energy-intensive sectors. In its commitment to sustainability, Ambuja Cements aims to achieve Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi). The company plans to invest ?100 billion in renewable energy projects, targeting a capacity of 1GW and 376 MW from Waste Heat Recovery Systems (WHRS). This initiative is expected to enable 60% of its expanded capacity to run on green power by FY2028. Ambuja Cements has already utilized over 8.6 million tonnes of waste-derived resources and achieved a status of 11x water-positive and 8x plastic-negative in FY24. Karan Adani, Non-Executive Director of Ambuja Cements, stated, 鈥淭his marks a significant step in our sustainability journey. We are among the lowest emission-intensity cement producers globally and are implementing strategic initiatives to further reduce our GHG emissions. Joining AFID will allow us to leverage the experiences of industry peers and share our decarbonization approach.鈥� The AFID aims to foster dialogue and enhance cooperation among companies to develop effective decarbonization strategies aligned with national commitments. The International Renewable Energy Agency (IRENA) oversees the alliance's activities.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement