HeidelbergCement India increases its share of green power

HeidelbergCement India Limited has commissioned a 5.5 Mega Watt (MW) Solar Power Plant in its mining area located in Damoh, Madhya Pradesh. The mining operations and clinker plant at Damoh have started receiving supply of electricity. The solar plant is expected to generate c. 10 Gigawatt hours per annum solar energy and the same will replace electricity purchased under short term open access and from grid.

The expected CO2 savings by generating solar energy would be ~225,000 tonnes over the standard life of the plant. The commissioning of the Solar Plant is yet another milestone in reducing CO2 footprint. On this occasion, Jamshed N Cooper, Managing Director shared that "HeidelbergCement India Limited reaffirms its commitment to increase its share of green energy and spearhead in its sustainability initiatives".

Shares of HeidelbergCement India Limited was last trading in BSE at Rs. 202.00 as compared to the previous close of Rs. 207.10. The total number of shares traded during the day was 16513 in over 1418 trades.

The stock hit an intraday high of Rs. 210.05 and intraday low of 201.50. The net turnover during the day was Rs. 3363842.00.

Source : Equity Bulls

Keywords

HeidelbergCementIndia INE578A01017 GreenPower SolarPowerPlant Damoh MadhyaPradesh