Ambuja Cements, a part of the diversified Adani Group, announced the commissioning of its 200 MW solar power project in Khavda, Gujarat, as part of its ambitious 1 GW renewable energy initiative. This milestone represents a significant step toward decarbonizing its operations, with the project expected to reduce power costs by 70%, thereby enhancing the company’s EBITDA.
The renewable energy project will supply green power to 20 cement plants, aligning with the company’s target to source 60% of its energy requirements from green sources by FY28. The total investment for this initiative stands at ₹10,000 crore, covering solar, wind, and Waste Heat Recovery Systems (WHRS).
CEO of Cement Business, Adani Group, Mr. Ajay Kapur, emphasized, “This project is a testament to our commitment to achieving net-zero emissions by 2050. By integrating renewable energy solutions into our value chain, we not only reduce operational costs but also deliver greater value to our stakeholders.”
Ambuja Cements has received clearance from the Western Regional Load Dispatch Centre (WRLDC) for this project. Additional capacities include 156 MW of wind power from Khavda and 300 MW of solar power from Rajasthan, scheduled for commissioning in phases by March 2025. The remaining 350 MW solar capacity is expected to be operational by June 2025.
The initiative highlights Ambuja Cements’ commitment to sustainability and its legacy of promoting environmentally responsible practices in the cement industry. The company aims to drive future-ready initiatives, contributing to a greener, more inclusive future.
