Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Ambuja is
targeting using green energy for 60% of its 140 million ton planned capacity a
year, up from the current 19%, it added.
The projects include a 600 MW solar
power and 150 MW wind power plant in the western state of Gujarat in India and
a 250 MW solar plant in neighboring Rajasthan by March 2026, according to the filing, on top of
the existing 84 MW of green energy capacity in Ambuja Cements. It’ll reduce the
cost of green energy generation by 20% from 6.46 rupees per kilowatt-hour, to
5.16 rupees per kWh and increase the supply of green cement.
The
sprawling conglomerate led by Adani, Asia’s second-richest person, plans to
invest $100 billion in its green energy transition over the next decade, with
five of its firms aiming to become net zero emitters by 2050. Adani and
billionaire MukeshAmbani — both built their fortunes on fossil fuels — have
emerged as champions of renewable energy, bolstering Indian Prime Minister
Narendra Modi’s mission to decarbonize India and make it carbon neutral by
2070.
Besides Ambuja Cements, group
firms Adani Green Energy Ltd., Adani Energy Solutions Ltd., Adani Ports &
Special Economic Zone Ltd. and ACC Ltd. have set a 2050 carbon net zero target,
the conglomerate said in a statement last week.
