UltraTech - June 2019

UltraTech’s new INR25bn (US$360m) cement plant in Andhra Pradesh has received environmental approval. The works will reportedly have a cement and clinker capacity of 6Mta and 4Mta, respectively. Just over 430ha of land in Petnikota village has already been acquired for the plant, but the project is still waiting on “consent to establish and operate” from the state’s pollution control board, according to the Business Standard. 

Alongside the factory, UltraTech also intends to install a 60MW captive power plant and a 15MW waste heat recovery unit. This forms part of the company’s commitment to green energy, which aims to increase the contribution made by green energy to its total power consumption to 25 per cent by 2021. This is more than double its current contribution of 10 per cent. It has also pledged to increase the contribution made by renewable energy to more than 10 per cent of its total power consumption by 2021.

To achieve this, UltraTech is investing heavily in green energy with plans to generate more than 650m units of renewable power by the 2021 deadline. For example, during FY19 the company commissioned 28MW of waste heat recovery (WHR) systems taking its total power generation from WHR to eight per cent of its total power consumption. By 2021 this is expected to rise to 15 per cent.