JSW Cement to use agricultural waste for energy
Punjab Renewable Energy Systems is an Indian bioenergy company focused on biomass aggregation and supply chain management providing fuel to biomass power facilities.
Under the MOU, Punjab Renewable Energy Systems will build a sustainable supply chain of agricultural waste to be used as bioenergy in the clinkerisation and grinding process of JSW Cement at its manufacturing units.
JSW Cement, part of $13 billion JSW Group, is also planning to reduce its carbon emissions intensity by almost half in 11 years; the use of biomass for energy is a key part of this plan.
“The circular economy principle is an integral part of our business model,” said Parth Jindal, managing director of JSW Cement. “Last year, we made a small beginning wherein nearly 5% of our fuel requirement was met through alternate fuels.”