
Business Update18 Dec 2023, 02:09 pm
Ambuja Cements to Power 60% of its Production with Green Power
AI Summary
Ambuja Cements Limited, a cement and building material company, has announced a significant investment of Rs. 6,000 crores in renewable power projects to power 60% of its production with green power by FY 2026. The investment will reduce the company's power cost and help it achieve its ESG targets.,
Key Highlights
- 60% of production to be powered by green energy
- Rs. 6,000 crore investment in renewable power projects
- Lower power cost and reduced carbon footprint