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