JSW Cement signs MoU with PRESPL to convert agri-waste into biomass energy
JSW Cement has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations, according to an official statement.
JSW Cement will use agri-waste as fuel to help reduce its business dependency on coal and cut its carbon emissions. This fuel model will also improve the ambient air quality of the local environment while helping farmers generate additional income, the company said.
"The MOU with Punjab Renewable Energy Systems is an important step for JSW Cement to offer sustainable cement products with lowest possible carbon footprint," the statement read.
JSW Cement, as a member of Global Cement and Concrete Association (GCCA), has committed to ‘Climate Ambition 2050’ to deliver carbon neutral concrete by 2050.
The company is also planning to reduce its carbon emissions intensity by almost half in 11 years (from FY’15 to FY’26). The use of Biomass as fuel is an important part of this decarbonization plan.
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