Ambuja Cement, first to introduce green fuel on captive ships
Cement

Ambuja Cement, first to introduce green fuel on captive ships

Ambuja Cement has successfully completed sea trials of using soya extract-based biofuel in two of its cement carriers - Ambuja Mukund and Ambuja Vaibhav. This makes Ambuja Cement not just the first Indian company to...

Ambuja Cement has successfully completed sea trials of using soya extract-based biofuel in two of its cement carriers - Ambuja Mukund and Ambuja Vaibhav. This makes Ambuja Cement not just the first Indian company to move towards the decarbonisation of the country’s coastal shipping lines but also advancing its focus on two of its strategic priorities - innovation and sustainability. This initiative also supports Government of India’s mission of decarbonisation and reduction of CO2 emissions for the country. The sea trials were conducted with the approval of India’s Directorate General of Shipping (DGS) and the Indian Register of Shipping (IRS). DGS has approved biofuel trials on the remaining fleet of Ambuja Cements that are mostly deployed on Indian coastal routes. Switching to bio-diesel will reduce CO2 emissions from shipping lines by 25%, which in turn will strengthen India’s ability to deliver on its commitment made under the Paris Accord. Further, with the successful trials Ambuja Cements has also helped India deliver on her promise to decarbonise the global shipping industry. A commitment made under the International Maritime Organization’s (IMO) Norway GreenVoyage2050 Project. India is among a small group of 11 nations that are part of this environmentally significant global project. Speaking on this development, Mr. Neeraj Akhoury, CEO India, LafargeHolcim and Managing Director & CEO, Ambuja Cements Ltd: “This is a landmark achievement not only for Ambuja Cement but also for India’s shipping sector. As we become the first company to introduce green fuel on captive ships, it underscores our vision to become the most sustainable cement company in India. Our efforts in introducing green fuel in our ships will significantly contribute towards the reduction of GHG emissions that will help achieve our parent, LafargeHolcim’s sustainability vision of ‘net zero pledge 2030.” Ambuja Cement has aligned to LafargeHolcim’s ‘Net Zero’ plan and sustainability strategy. Its “Sustainable Development Plan 2030” has a sharp focus on climate and energy, building a circular economy, conserving resources and nature, and driving meaningful change in the lives of communities. This initiative is a part of Ambuja Cement’s continuous effort to become the ‘Most Innovative, Sustainable and Competitive Building Solutions Company in India’.

Next Story
Resources

Master Builders Solutions Forges Path into India Market with MBT-Construction Chemicals

Master Builders Solutions, a global leader in innovative concrete admixtures and solutions for the construction industry, announces its strategic expansion into the dynamic Indian market. Leveraging its expertise and advanced solutions, Master Builders Solutions aims to address the growing demand for sustainable, high-performance construction materials across various sectors in India. The move into India represents a significant milestone for Master Builders Solutions, aligning with its commitment to delivering cutting-edge solutions worldwide. With a rapidly evolving construction landscape in..

Next Story
Resources

TrucksUp collaborates with AU Small Finance Bank to empower aspiring buyers and small fleet owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This colla..

Next Story
Resources

Build Capital to Invest Rs 1.5 billion in Navi Mumbai’s RE Market in 2025

Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000