Industry giant Dalmia Cement (Bharat) Ltd is committed to go big on renewable energy. It is the first cement company to join the RE100, a global collaborative initiative of the world’s most influential companies committed to 100 per cent renewable power.
Currently, seven per cent of the company’s electricity source is from renewable energy. It’s the third Indian business to join the RE100 initiative, following Infosys and Tata Motors.
A company statement said, after adding 8 MW solar PV capacity for its captive use, Dalmia Cement has set an ambitious interim target to increase four-fold its percentage of renewable energy consumption by 2030 compared to 2015.
“Being one of the greenest cement companies in the world, we are committed to decarbonising our operations in a way that makes business sense,” Dalmia Cement’s CEO Mahendra Singhi said.
“We are scaling up our ambition to double our energy productivity and make a long-term transition to 100 percent renewable power by 2030.”