Shree Cement Achieves 1 GW Power Capacity with New Solar Plant

A 19.5 MW solar power 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.

2 comments

MoRTH's Tighter Bidding Norms May Hit Smaller Road Contractors: ICRA

MoRTH's Tighter Bidding Norms May Hit Smaller Road Contractors: ICRA

ICRA’s latest analysis reveals that the Ministry of Road Transport and Highways’ (MoRTH) tightened bidding norms will ease competitive pressures in central government road projects, but may significantly impact small and mid-sized

Read more ...

NICDC Gets Approval for ₹5,942 Cr Logistics Hub in Dadri

NICDC Gets Approval for ₹5,942 Cr Logistics Hub in Dadri

The National Industrial Corridor Development Corporation Ltd (NICDC) has secured approval from a key government panel to develop a ₹5,942 crore Multi Modal Logistics Hub in Dadri, Greater Noida, using private sector funds.

Read more ...

BIAL Partners with KPMG to Launch GenAI Platform for Smarter Airport Operations

BIAL Partners with KPMG to Launch GenAI Platform for Smarter Airport Operations

Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport Bengaluru (BLR Airport), has joined hands with KPMG in India to develop a Generative AI (GenAI) platform aimed at revolutionizing airport operations.

Read more ...

Atlas Copco Launches Reman Equipment Program in India

Atlas Copco Launches Reman Equipment Program in India

Atlas Copco has launched its Reman Equipment Program in India, an initiative designed to restore used compressors and engines to their original performance standards. The main objective of the program is to ​extend the operational

Read more ...

Hamm Launches Smart Compact Pro for Real-Time Compaction Control

Hamm Launches Smart Compact Pro for Real-Time Compaction Control

Roller manufacturer Hamm introduces the Smart Compact Pro under the motto “Measure it right. Measure it now.” For the first time, real-time density is being used as a decisive parameter for qualitative assessment and integrated into automated

Read more ...

Cabinet Approves Sixth Semiconductor Unit in India

Cabinet Approves Sixth Semiconductor Unit in India

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a sixth semiconductor manufacturing unit under the India Semiconductor Mission. This new unit, a joint venture between HCL and Foxconn

Read more ...

Shree Cement Posts Strong Q4 Performance with Record Revenue and Profit

Shree Cement Posts Strong Q4 Performance with Record Revenue and Profit

Shree Cement, India’s third-largest cement producer by capacity, has reported robust financial results for the quarter and year ended 31st March 2025. On a sequential basis, the company’s profit after tax surged by 142% to ₹556 crore

Read more ...

Kerala Govt Floats ₹1,100 Cr EPC Tender for Palakkad Smart City Project

Kerala Govt Floats ₹1,100 Cr EPC Tender for Palakkad Smart City Project

The Kerala government has invited tenders for a major infrastructure development project under the Palakkad Smart City initiative, part of the Kochi-Bengaluru Industrial Corridor. The first-phase package, valued at ₹1,100 crore, covers development

Read more ...

PMRDA Launches ₹2,500–3,000 Cr Highway Link Road Project

PMRDA Launches ₹2,500–3,000 Cr Highway Link Road Project

The Pune Metropolitan Region Development Authority (PMRDA) has initiated a large-scale road development project to improve connectivity between major highways under its jurisdiction. The project, with an estimated cost of ₹2,500–3,000 crore

Read more ...

Sinoboom Unveils New Global Coating Scheme at CICEE

Sinoboom Unveils New Global Coating Scheme at CICEE

Sinoboom Intelligent Equipment marked a key milestone with the grand unveiling of its new global coating at its CICEE booth, in the presence of industry leaders, customers, experts, and media representatives.

Read more ...

Mumbai Gets First Cable-Stayed Railway Over Bridge at Reay Road

Mumbai Gets First Cable-Stayed Railway Over Bridge at Reay Road

Maharashtra Chief Minister Devendra Fadnavis inaugurated Mumbai’s first cable-stayed railway over bridge (RoB) at Reay Road, built at a cost of ₹266 crore. He also inaugurated another RoB at Titwala in Thane via video link during

Read more ...

TIL Appoints Arvind Rishi as All India Head – Sales & Aftermarket

TIL Appoints Arvind Rishi as All India Head – Sales & Aftermarket

TIL Limited has appointed Arvind Rishi as the All India Head – Sales and Aftermarket, marking a strategic move to bolster its market footprint and customer engagement. With this leadership addition, the company aims to strengthen

Read more ...

Delhi Govt Ramps Up Yamuna Floodplain Restoration Efforts

Delhi Govt Ramps Up Yamuna Floodplain Restoration Efforts

The Delhi government and Delhi Development Authority (DDA) have stepped up efforts to clean and rejuvenate the Yamuna through 11 restoration projects covering 1,600 hectares along its floodplain.

Read more ...

Renesas Opens India’s First 3nm Chip Design Centres in Noida and Bengaluru

Renesas Opens India’s First 3nm Chip Design Centres in Noida and Bengaluru

Union Minister for Electronics & IT, Railways, and I&B, Shri Ashwini Vaishnaw, inaugurated two new state-of-the-art design facilities of Renesas Electronics India Private Limited in Noida and Bengaluru. Highlighting the uniqueness

Read more ...

IWAI Signs MoU with J&K Government to Develop Inland Waterways

IWAI Signs MoU with J&K Government to Develop Inland Waterways

The Inland Waterways Authority of India (IWAI) has signed a Memorandum of Understanding (MoU) with the Union Territory of Jammu and Kashmir to develop river navigation infrastructure across three national waterways—NW-26 (River Chenab)

Read more ...

Major Ports Achieve Record Growth in FY 2024-25

Major Ports Achieve Record Growth in FY 2024-25

India’s Major Ports recorded significant progress in FY 2024-25, achieving new milestones in cargo handling, operational efficiency, and port-led industrialisation. Cargo traffic rose to approximately 855 million tonnes, up 4.3% from 819 million

Read more ...

Uttarakhand Approves ₹350 Cr MLA Fund; Greenlights Key Infra Projects

Uttarakhand Approves ₹350 Cr MLA Fund; Greenlights Key Infra Projects

Uttarakhand Chief Minister Pushkar Singh Dhami has approved ₹350 crore for the MLA Fund Scheme for FY 2025–26, allocating ₹5 crore to each of the 70 legislators for development works in their constituencies.

Read more ...

CRDA Approves ₹17.32 Billion for Amaravati Infrastructure Projects

CRDA Approves ₹17.32 Billion for Amaravati Infrastructure Projects

The Capital Region Development Authority (CRDA) has cleared infrastructure development tenders worth ₹17.32 billion for Amaravati’s core capital area. Municipal Administration and Urban Development Minister Ponguru Narayana stated that ₹5.14 billion

Read more ...

DP World Strengthens Cold Chain Capabilities With New Facility In Taloja

DP World Strengthens Cold Chain Capabilities With New Facility In Taloja

DP World, a leading global provider of end-to-end supply chain solutions, has launched a cutting-edge, sustainable cold chain warehouse in Taloja, Navi Mumbai. The new facility reinforces DP World’s commitment to transforming India’s

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.