India’s Ambuja Cement, a key player in the Adani Group, has joined the Alliance for Industry Decarbonization (AFID), a global initiative aimed at fast-tracking the net-zero transition in energy-intensive industries like cement, in line with the Paris Agreement. Ambuja Cement, which operates in the hard-to-abate cement sector, has set a goal of achieving Net Zero by 2050, with its targets validated by the Science Based Targets initiative (SBTi).
As part of its commitment to green energy, Ambuja has announced plans to invest INR 100 billion in renewable energy projects, aiming to generate 1 GW of capacity and harness 376 MW from waste heat recovery systems (WHR). By FY2028, the company plans to power 60% of its expanded operations through green energy sources.