Shree Cement Achieves 1 GW Power Capacity with New Solar Plant
Shree Cement Ltd has reached a significant milestone of 1 GW (1,000 MW) of installed power capacity. This was achieved with the commissioning of a 19.5 MW solar power plant at its manufacturing unit in Andhra Pradesh.
The 1 GW capacity includes a mix of solar, wind, thermal, and waste heat recovery power plants, demonstrating Shree Cement's diversified approach to meeting its electricity needs. The company has invested ₹4,000 crore to expand its renewable energy portfolio, which now accounts for nearly 50% of its power capacity at 499 MW. Notably, Shree Cement’s 244 MW waste heat recovery capacity is among the highest in the global cement industry.
Looking ahead, Shree Cement plans to invest ₹1,000 crore in FY25 to install additional renewable energy capacity. This will include 132 MW of solar capacity across five states (Jharkhand, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand), 36 MW of wind generation in Rajasthan, and 34 MW of waste heat recovery capacity in Karnataka and Rajasthan.
The 1 GW capacity includes a mix of solar, wind, thermal, and waste heat recovery power plants, demonstrating Shree Cement's diversified approach to meeting its electricity needs. The company has invested ₹4,000 crore to expand its renewable energy portfolio, which now accounts for nearly 50% of its power capacity at 499 MW. Notably, Shree Cement’s 244 MW waste heat recovery capacity is among the highest in the global cement industry.
Looking ahead, Shree Cement plans to invest ₹1,000 crore in FY25 to install additional renewable energy capacity. This will include 132 MW of solar capacity across five states (Jharkhand, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand), 36 MW of wind generation in Rajasthan, and 34 MW of waste heat recovery capacity in Karnataka and Rajasthan.