Menu
BW CFO World
Community for Finance Professionals, Consultants and allied businesses
  • Home
  • News
  • Videos
  • Articles
    • Credit & Capital
    • Economic Trends
    • Financial Compliance
    • Financial Leadership
    • Financial Management
    • Financial Reporting
    • Financial Strategy
    • Risk Management
    • Taxation
  • Featured
  • Nominate for Awards
Close Menu
Business men giving a handshake. Business concept
March 17, 2022

JSW Cement Inks Pact With PRESPL For Biomass-Based Fuel

Urvi Srivastava Economic Trends Biomass, Fuel, JSW Cement, MoU, PRESPL, renewable energy

According to the MoU, Punjab Renewable Energy Systems will build a sustainable supply chain of agricultural waste to be utilised as biomass energy in the clinkerization and grinding process at the manufacturing units of JSW Cement

JSW Cement has inked a pact with Punjab Renewable Energy Systems to use agricultural waste as biomass energy in its cement-manufacturing operations, a statement said.

According to the MoU, Punjab Renewable Energy Systems will build a sustainable supply chain of agricultural waste to be utilised as biomass energy in the clinkerisation and grinding process at the manufacturing units of JSW Cement.

“JSW Cement, India’s leading green cement company and a part of the USD 13 billion JSW Group, has signed a Memorandum of Understanding (MoU) with Punjab Renewable Energy Systems Pvt Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations,” the statement said. 

Punjab Renewable Energy Systems is a biomass aggregation and densification company.

The pact with PRESPL is an important step for JSW Cement to offer sustainable cement products with the lowest possible carbon footprint, the statement said. JSW Cement, as a member of Global Cement and Concrete Association (GCCA), is committed to ‘Climate Ambition 2050’ to deliver carbon-neutral concrete by 2050.

The company is also planning to reduce its carbon emissions intensity by almost half in 11 years from FY15 to FY26. The use of biomass as fuel is an important part of this decarbonisation plan. 

(PTI)

Urvi Shrivastav

→ Urvi Shrivastav

Sri Lankan Economic Crisis: Finance Minister Basil Rajapaksa Calls On PM Modi Kerala Assembly Passes Unanimous Resolution Against LIC IPO

Related Posts

Chandrasekar-K-1

Credit & Capital, Economic Trends

Leading with empathy is the correct mantra for success

20220331_113353

Credit & Capital, Economic Trends

Govt orders probe into fire incident involving Ola

indian rupee

Credit & Capital, Economic Trends

Asian stocks rise as Ukraine peace talks appear to progress

Movements

  • adobe danDan Durn Appointed As Adobe’s New Chief Financial Officer
  • Vineet Mahajan_Vineet Mahajan Appointed As New CFO Of Avanse Financial Services On Sept 27
  • bharat pet director financeVetsa Ramakrishna Gupta To Lead Bharat Petroleum As Director Finance
  • tender cuts cfoTenderCuts Names Satya Rakesh as New CFO
  • dailmer CFOManish Thakore Helms Daimler India Commercial Vehicles as CFO

Selected Stories

  • Chandrasekar-K-1Leading with empathy is the correct mantra for success

    Read more

  • 20220331_113353Govt orders probe into fire incident involving Ola

    Read more

  • indian rupeeAsian stocks rise as Ukraine peace talks appear to progress

    Read more

  • economyTata Coffee rallies nearly 13 pc; Tata Consumer jumps over 5 pc

    Read more

  • rupeeRupee rises 4 paise to 75.69 against US dollar in early trade

    Read more

Categories

  • Accounting
  • CFO Stance
  • Credit & Capital
  • Economic Trends
  • Featured
  • Financial Compliance
  • Financial Leadership
  • Financial Management
  • Financial Reporting
  • Financial Strategy
  • Financial Technologies
  • Global News
  • Interview
  • Movements
  • Risk Management
  • Taxation

Recent Comments

    Back To Top
    BW CFO World
    • Home
    • News
    • Videos
    • Articles
      • Credit & Capital
      • Economic Trends
      • Financial Compliance
      • Financial Leadership
      • Financial Management
      • Financial Reporting
      • Financial Strategy
      • Risk Management
      • Taxation
    • Featured
    • Nominate for Awards
    © Copyright BW BUSINESSWORLD 2018. All Rights Reserved.