Ambuja Cements has commissioned a 200 MW solar project in Khavda, a key milestone in its 1 GW renewable energy initiative under the Adani Portfolio.
This project is expected to cut power costs by an impressive 70% and significantly boost the company’s EBITDA.
Ambitious Renewable Energy Goals
The solar project is a vital part of Ambuja Cements’ broader 1 GW renewable energy initiative. Mr. Ajay Kapur, CEO – Cement Business, Adani Group, emphasized the company’s commitment to achieving Net Zero emissions by 2050. He stated that by fiscal year 2028, green power sources will meet 60% of the company’s energy needs, a goal that aligns with its sustainability vision and cost-reduction strategy.
The company received standing clearance for the 200 MW solar project from the Western Regional Load Dispatch Centre (WRLDC), effective December 12, 2024. This approval accelerates Ambuja Cements’ Rs. 10,000 Cr investment in renewable energy, which includes solar and wind power, as well as 376 MW of Waste Heat Recovery Systems (WHRS).
Future Expansion Plans
The company also plans to commission an additional 156 MW of wind power from Khavda. Another 300 MW solar project in Rajasthan is set to become operational by March 2025, with the final 350 MW of solar capacity expected by June 2025. These projects are crucial for advancing Ambuja Cements’ commitment to sustainability.
With a strong track record of environmental responsibility, Ambuja Cements aims to decarbonize the cement industry through innovative and future-ready solutions. This focus underscores its long-term goal of creating a more sustainable and inclusive future.
Ambuja Cements: Leading Sustainability and Innovation
Ambuja Cements Limited, a leading cement company in India, is part of the Adani Group—the country’s largest and fastest-growing portfolio of sustainable businesses. The company has helped expand the Adani Group’s cement capacity to 89 MTPA and operates 22 integrated cement manufacturing plants and 21 grinding units across India.
Known for its environmentally friendly practices, the company has pioneered many sustainable initiatives, including a captive port with ten terminals for cost-effective and efficient cement shipments. Its innovative products are also listed in the GRIHA product catalog, which certifies their lower carbon footprints.
Ambuja Cements is the first cement manufacturer to join the Alliance for Industrial Decarbonization (AFID), an initiative facilitated by IRENA to accelerate the global Net Zero transition. The company also ranks among India’s top 50 businesses contributing to inclusive growth and has received a ‘Leadership Score’ of A- from CDP for its climate change mitigation efforts.
The new solar project in Khavda strengthens Ambuja Cements’ leadership in renewable energy and reflects its bold investments in sustainability. With these ambitious plans for green power expansion, the company is set to redefine the cement industry’s energy landscape and reinforce its long-term vision for a sustainable future.
