UltraTech Cement Joins RE100 Initiative, Aims 100% Renewable Energy Usage By 2050
UltraTech Cement joins RE100 initiative, aims 100% renewable energy usage by 2050
The Aditya Birla group firm has announced its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021.
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SEPTEMBER 24, 2021 / 08:47 AM IST
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24 Sep, 2021 13:43
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The country’s leading cement maker UltraTech Cement said it has joined the RE100 initiative and targets 100 percent renewable energy usage by 2050.
The Aditya Birla group firm has announced its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021.
RE100 is a global group of influential businesses committed to using 100 percent renewable electricity. Its purpose is to accelerate change towards zero-carbon grids at scale.
“As part of this commitment, UltraTech targets to meet 100 percent of its electricity requirement through renewables sources by 2050,” the company said in a statement.
In the last two years, UltraTech has scaled up its contracted renewable energy capacity by 2.5 times.
UltraTech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.
With a consolidated grey cement capacity of 116.75 MTPA, it is the third-largest cement producer in the world, excluding China.
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