JSW Cement signs MoU with Punjab Renewable Energy Systems

JSW Cement has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd to use agricultural waste as biomass energy in its cement-manufacturing operations. Punjab Renewable Energy Systems is India’s largest biomass aggregation and densification company.

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

The MOU with Punjab Renewable Energy Systems is an important step for JSW Cement to offer sustainable cement products with lowest possible carbon footprint. JSW Cement, as a member of Global Cement and Concrete Association (GCCA), has 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 FY’15 to FY’26). The use of Biomass as fuel is an important part of this decarbonization plan.