Green Power to Account for 42% of Cement Companies’ Power Mix by 2025: ICRA
Replacing 25% of thermal power with green power could cut cement sector's power costs by 18%
September 20, 2023
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Credit rating agency ICRA has projected that green power will account for approximately 40-42% of the total power mix of major cement companies in India by March 2025, a significant increase from around 35% as of March 2023.