Announced Mon, 5 Oct, 2026 · 10:46 IST
UltraTech becomes first Indian cement firm to cross 2 GW green energy capacity
ULTRACEMCO · price
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+0.3%1-day move
₹10710.00
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₹10822.00
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AI summary
UltraTech has become the first Indian cement company to surpass 2 GW of captive green energy capacity, reaching 2,024 MW. It commissioned 116.55 MW of wind power at a hybrid project in Barmer, Rajasthan, and 10 MW of waste heat recovery capacity at Sarlanagar, Karnataka. Green energy now meets about 48 percent of its power needs across 76 manufacturing units. UltraTech targets an 85 percent green power share by 2030.
Likely market impact
Lowers exposure to coal and electricity price volatility, supports long-term cost stability and strengthens UltraTech's ESG positioning.