Green Power Milestone
UltraTech becomes the first Indian cement maker to surpass 2 GW green power capacity.
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Key Points
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UltraTech says it has not invested in new captive thermal power capacity for more than a decade, including for greenfield projects and brownfield expansions.
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The latest additions followed the commissioning of 430 MW of green energy capacity in FY26.
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UltraTech is integrating battery energy storage systems across its operations to support renewable-energy use and reliability.
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As a member of RE100, UltraTech has committed to sourcing 100% of its electricity from renewable sources by 2050.
UltraTech Cement has become the first cement company in India to exceed 2 GW of green power capacity. The company's captive renewable energy portfolio now totals 2,024 MW, a mix of 1,580 MW from renewables and 444 MW from waste heat recovery Fortune India. This milestone allows UltraTech to meet about 48% of its total power needs through clean energy.
The latest expansion includes 116.55 MW of wind power commissioned at its Barmer, Rajasthan facility and 10 MW of waste heat recovery at a Karnataka plant The Hindu Business Line. The shift shields UltraTech from fossil fuel shortages and electricity price swings. The company aims to reach 85% green energy in its power mix by 2030 and commit to 100% renewable electricity by 2050 as part of the RE100 initiative.
A Decade Without New Coal Plants
UltraTech has stopped building captive thermal power plants entirely. The company has not invested in new coal capacity for more than 10 years, across both greenfield sites and brownfield expansions The Hindu Business Line. This strategy reflects a broader industry shift away from fossil fuels toward renewable energy sources.
Rapid Green Energy Rollout in Fiscal 2026
UltraTech commissioned 430 MW of green energy capacity during fiscal year 2026 Investment Guru India. This aggressive pace demonstrates the company's commitment to scaling renewables across its 76 Indian manufacturing units. The momentum reflects both improving economics for clean energy and corporate pressure to cut carbon emissions.
Nearly One-Third of Factories Run Mostly on Green Power
More than 25 of UltraTech's 76 Indian plants now derive more than half their power from renewable sources Fortune India. Five facilities exceed 95% green electricity. The company is installing battery energy storage systems across its operations to boost renewable reliability and reduce reliance on grid power during peak demand periods.
Path to Net-Zero Power by 2050
As an RE100 member, UltraTech has committed to sourcing 100% of its electricity from renewables by 2050 Energetica India. The 85% green energy target by 2030 represents a key stepping stone. These commitments position UltraTech ahead of many peers in the cement industry, which typically relies heavily on coal-fired power plants.
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