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Manoj Kumar Rustagi, EVP – Business Strategy & Capex Projects, Sustainability and R&D, JSW Cement Limited, talks about aligning efforts with sustainable development goals.

Manoj Kumar Rustagi, EVP – Business Strategy & Capex Projects, Sustainability and R&D, JSW Cement Limited, talks about aligning efforts with sustainable development goals.

Our business strategy has been based on the underlying concept of a circular economy across industries, making us a responsible corporate, and delivering superior quality products and building materials to our customers.

Our business model works on the principle of using industrial waste to manufacture superior quality cement or cementitious products in the most efficient and environment-friendly manner. We primarily focus on low-carbon products, utilisation of renewable energy, co-processing of waste materials in place of fossil fuels, deploying electric commercial vehicles, installation of Waste Heat Recovery System (WHRS), and other initiatives aligned with the low carbon economy and ecosystem.

During FY 2020-21, we have established our long-term targets for 2030, aligning to the sustainable development goals on various aspects related to climate change, biodiversity, water and waste-water, energy, circular economy, supply chain and air emissions.

Addressing climate change

We have undertaken definitive steps and measures to reduce our overall carbon footprint.

  • Deployed latest technology and energy-efficient processes with roller press grinding system for manufacturing cement and cementitious products.
  • Utilisation of industrial waste i.e., blast furnace slag / fly ash in manufacturing cement and cementitious products.
  • Co-processing of alternative fuel in the clinker plant at our Nandyal and Fujairah unit to reduce consumption of fossil fuels.
  • Utilisation of waste hot gases from clinker plant for slag drying, thus saving coal/diesel.
  • Utilising solar power at the Nandyal unit – 5.5 MW and the Salboni unit – 3.5 MW.
  • Installing 12.2 MW capacity waste heat recovery systems (WHRS) at our Nandyal unit (Project in Progress).
  • Established rainwater harvesting facilities inside the plant premises across our plant locations.
  • Development of greenbelt in and around our plant premises.

Salboni and Vijayanagar Plant: Improving energy efficiency with PAT targets

During FY 2020-21, the Salboni and Vijayanagar plants were considered as designated consumer (DC) in the Perform, Achieve, Trade Cycle (PAT) 2020-21 to 2022-23 as per the Bureau of Energy Efficiency (BEE). The targets specified by BEE were as follows:

1. Salboni Plant

  • Baseline Specific Energy Consumption, SEC – 0.0227 toe/tonne of equivalent product
  • Target Specific Energy Consumption (2022-23), SEC – 0.0210 toe/tonne of equivalent product

2. Vijayanagar Plant

  • Baseline Specific Energy Consumption, SEC – 0.0438 toe/tonne of equivalent product
  • Target Specific Energy Consumption (2022-23), SEC – 0.0372 toe/tonne of equivalent product

Both the plants are improving energy efficiency by implementing various measures related to product mix, optimisation of process energy, shift to the latest energy efficient equipment wherever feasible and energy efficiency improvement projects among others.

Sustainability initiatives

In aligning with the triple bottom line, we have undertaken definitive steps to produce quality cement and cementitious products in an efficient and environment-friendly manner.

1. Reduction in clinker ratio

As a continuous effort of the company, our R&D team is developing processes that will help us in conserving limestone and energy, which will in turn help us reduce the manufacturing cost of cement. During FY 2020-21, our R&D team developed an in-house additive used in cement grinding, which helps in the reduction of clinker consumed per tonne of cement produced. Through this initiative, we have avoided 24140 Tonnes of CO2 emissions at our Salboni and Jajpur plants.

2. Manufacturing of Composite Cement

Our company has put in efforts in R&D, to manufacture a new range of blended cement products called composite cement, which uses both, fly ash and blast furnace slag as supplementary cementitious materials. Our Jajpur grinding unit mainly produces composite cement and that forms ~68% of the overall product mix from the plant. This product helps us in reducing our manufacturing costs while utilising multiple industrial waste as supplementary cementitious materials to produce quality low carbon cement products as per BIS.

3. Use of alternate fuel / reduced solid fuels like coal / pet coke

During FY 2020-21, ~23,200 tonnes of waste was co-processed at our Nandyal plant, in our cement kiln in an environmentally friendly manner. We have successfully reduced 18,121 tonnes of CO2 emissions by utilising different types of wastes in place of traditional fuels.

4. Use of solar energy

5. During FY 2020-21, we have consumed ~ 1,15,04,567 units of solar power at our Nandyal and Salboni plant, thus avoiding ~ 10,469 tonnes of CO2 emissions

6. Circular economy

A major part of our product portfolio consists of blended cement products and cementitious materials, which are manufactured using industrial wastes or by-products. During FY 2020-21, around 88% of production was blended cements, a 1% increase as compared to the previous year. We have consumed 4.97 million tonnes of slag and 0.16 million tonnes of fly ash for our cement manufacturing process during FY 2020-21, thus reducing the consumption of natural resources such as limestone, water and energy.

7. Energy efficiency

Some of the energy efficiency initiatives implemented during FY 2020-21:

  • Medium VoltageVariable Frequency Drive (MV VFD) installation in grinding mill at Jajpur
  • Optimisation of compressed air utilisation at Jajpur
  • Discharge chute modification for wagon loading and truck loading at Vijaynagar
  • VFD installation in HAG coal conveying at Vijaynagar
  • Reduction in pressure drop across cement mill dust collection circuit at Nandyal
  • Replacing of conventional lighting to LED lighting in VRM -1 and Packing Plant at Dolvi

Apart from these initiatives, we have made significant efforts by committing to various initiatives related to climate change action.

  • We are a signatory to the ‘Global Framework Principles on Heavy Industry Initiative,’ which has a vision to ‘Accelerate and scale-up the decarbonisation of heavy industry to align with a 1.5C global warming trajectory with urgency’.
  • We have also committed to all three of the Climate Group’s campaigns – RE100, EV100 and EP100 in a single go and we are globally the first company in heavy industries to do so.
  • Carbon Disclosure Project (CDP) is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The CDP headquarter is based out of London, UK, and is working towards securing a thriving economy that works for the people and the planet by creating a global database on carbon emissions across industries. We have been participating in the CDP response for the last three years to ensure open and transparent communication to our stakeholders and the society at large. Our last year CDP response was a ‘B-’ rating, which is in the Management Band.
  • We are part of Global Cement & Concrete Association (GCCA), globally as well as of the Indian chapter. GCCA is working on various initiatives on sustainability and innovation along-with its member companies, affiliates and partners. As part of this, there are working groups on various aspects of sustainability. We lead the working group related to communications and policy advocacy. We have also become a member of GCCA Innovandi network, which is a standalone entity that works on R&D programmes in minimising the carbon footprint of cement and is a global research network of technology suppliers, academic institutions and manufacturers of cement and concrete industry.

ABOUT THE AUTHOR:

Manoj Kumar Rustagi, EVP – Business Strategy & Capex Projects, Sustainability and R&D, JSW Cement Limited, is a senior business leader, who has significantly contributed to business strategy and project management, and other strategic initiatives, in the cement, steel and energy sectors in his 29 years of professional career. In his present role as Executive Vice President, he is leading sustainability, R&D, business strategy and capex projects for JSW Cement Limited, India. He is a Director on the boards of various subsidiary companies of JSW Cement Limited. He is also on the board of GCCA Private Limited, India, in his personal capacity. He is a Mechanical Engineering graduate from BITS Pilani, India and an MBA from Indian School of Business (ISB), India.

Sustainability Performance 2020-21

We have a distinctive performance on the carbon intensity and are one of the lowest specific carbon emitters globally within the cement industry.

As per GCCA GNR data the global average of scope 1 net CO2 emissions per tonne of cementitious product is ~ 600 kg and India average is ~ 560 kg.

Compared to this for FY 20-21 our specific carbon emission is ~ 200 kg, which translates into a saving of 2.9 million MT of CO2 saving compared to India average and 3.2 million MT of CO2 saving compared to global average. We understand our responsibility for the nation and have taken definitive measures to lead our industry towards a zero net carbon economy much before the 2070 target.

200kg ~23345 tonnes 81 litres

SCOPE-1 Net CO2 emissions per tonne of cementitious material of alternative fuels consumed 66% of raw material consumption is from waste derived resources Water Consumption per tonne of cementitious material

LTIFR Share of renewable energy in total power consumption

0.44 3.15%

Natural capital Natural capital

  • Total fuel used: ~241959 tonnes
  • Total gas consumed: ~ 3.48 Crore nm3
  • Total water used: 618370 m3
  • Total electrical energy consumed: ~36.55 crore kWh
  • Thermal substitution rate: 4.23 % • 37 % of the total water consumption met from harvested water, thus reducing the dependency on groundwater and surface water resources

Emissions

  • Absolute net CO2 emissions (Scope 1): 1521828 Tonnes
  • Absolute net CO2 emissions (Scope 2): 322123 Tonnes

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Concrete

Cement Makers’ Margins To Fall Rs 50-75 Per Tonne Amid West Asia Conflict

Crisil Sees Margins Easing Despite Steady Demand

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Crisil said operating margins of Indian cement manufacturers are expected to decline by Rs 50-75 per tonne (t) this fiscal to Rs 925-950 per t due to higher input costs triggered by the West Asia conflict. The analysis covered 18 cement companies accounting for nearly 90 per cent of India’s domestic cement capacity and noted margins had improved sharply to around Rs 1,000 per t in fiscal 2026.

Crisil noted that the reduction would be driven mainly by higher power and fuel costs, which account for about 30 per cent of total costs, as petcoke and imported coal prices have surged amid geopolitical uncertainties. Freight costs, which account for about a quarter of total costs, are also expected to remain elevated because of higher diesel prices. The impact on profitability is likely to be more pronounced in the first half of the fiscal year before easing commodity prices moderate cost pressures later.

The rating agency said steady domestic demand and strong balance sheets should keep credit profiles stable despite the moderation in margins. Green energy currently accounts for 35-40 per cent of the sector’s total electricity consumption and is expected to partly cushion higher energy costs. Operating cash flows are likely to remain resilient, supported by projected 6-7 per cent growth in cement demand this fiscal.

Crisil highlighted that demand growth will be driven primarily by infrastructure spending, which meets about one-third of sector consumption, and by a nearly 18 per cent higher budgetary allocation for core ministries that should support project execution. Weaker rural housing demand amid pressure on agricultural incomes from a possible below-average monsoon may be offset by improved urban housing demand supported by favourable home-loan rates and a strong pipeline of Pradhan Mantri Awas Yojana-Urban projects. Ongoing capacity additions will keep capital expenditure elevated and may lift net debt to EBITDA to between 1.2 and 1.4 times from around 1.0 time last fiscal, though ratios are expected to remain healthy.

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Concrete

UltraTech Board Approves Rs 50 bn Fundraise Via NCDs

Company to issue half a million debentures for expansion plan

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UltraTech Cement’s board of directors has approved raising Rs 5,000 crore (Rs 50 bn) through non?convertible debentures issued in rupees.

The finance committee cleared a proposal to issue up to 500,000 fully paid, unsecured, listed, rated, redeemable, rupee?denominated, non?convertible, non?cumulative debentures of Rs 1 lakh each (Rs 0.1 mn each), aggregating to the Rs 5,000 crore programme.

As of June 2026 the firm reported net debt of Rs 15,875 crore (Rs 158.75 bn) and said its capacity expansion projects under execution are backed by capital expenditure of about Rs 17,000 crore (Rs 170 bn) over the next two to two?and?a?half years.

UltraTech spent Rs 9,500 crore (Rs 95 bn) on capital expenditure in financial year 2026 and in April the group crossed 200.1 mn tonnes per annum of domestic grey cement capacity and 205.5 mn tonnes per annum of global capacity.

The chief financial officer indicated the company would take consolidated capacity beyond 242 mn tonnes per annum, with grey cement capacity reaching 212.7 mn tonnes per annum by the end of financial year 2027. He noted the net debt?to?earnings before interest, taxes, depreciation and amortisation ratio stood at 0.87 times as of June 2026 and the company was confident of ending financial year 2027 with the ratio below one time.

In the first quarter of financial year 2026?27 UltraTech’s net profit attributable to owners rose 16.8 per cent year?on?year to Rs 2,599.3 crore (Rs 25.993 bn) and revenue from operations increased 15.9 per cent to Rs 24,648.20 crore (Rs 246.482 bn). The board approval is expected to complement internal cash flows as the company advances its expansion programme.

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Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

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Andhra Pradesh Education and IT Minister Nara Lokesh on Wednesday laid the foundation stone for the Line-2 expansion of Dalmia Bharat Cement at Chinnakomerla village in Mylavaram Mandal in Kadapa district. The project carries an investment of Rs 31 billion (bn) and is slated for completion by the third quarter of the financial year 2028. The expansion is intended to boost industrial growth and employment generation across the Rayalaseema region.

Once commissioned, the Kadapa facility will become Dalmia Bharat’s largest integrated cement manufacturing ecosystem in southern India, creating over 1,000 direct and indirect jobs and opening new business avenues for regional micro, small and medium enterprises and transport operators. Lokesh said the expansion signalled growing corporate confidence in the state and reflected the practical ease of doing business that secured repeat investment.

He placed the project within the government’s wider economic targets and recalled the Yuvagalam padayatra commitment to generate two million (mn) jobs within five years, noting that the state would cultivate talent while industry created opportunities. Lokesh highlighted Andhra Pradesh’s competitive pursuit of major manufacturing accounts, mentioning past successes and a personal initiative to engage global investors when persuading them to anchor expansion in the state.

The plant will leverage Kadapa’s abundant limestone reserves to scale production and sustainability. Clinker capacity is planned to rise from two point five million tonnes per annum (mn tpa) to six point one mn tpa, while overall cement output will increase from three point six mn tpa to nine point six mn tpa. The unit is designed to operate on over eighty per cent renewable energy and deploy waste heat recovery, zero liquid discharge, water recycling and advanced AI systems to optimise efficiency. Industries Minister TG Bharat, BC Welfare Minister S. Savitha and Jammalamadugu MLA C. Adinarayana Reddy attended the ceremony.

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