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A Green Drive

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With electric vehicles (EVs) leading the green revolution, providing a cleaner and more sustainable transportation option, the supply chain of cement is getting redefined. Raman Bhatia, Founder and Managing Director, Servotech Power Systems, talks about the inherent challenges in this transformation.

India is currently witnessing a revolution in its transportation landscape, propelled by a unified commitment to combat climate change and decrease our reliance on fossil fuels. EVs are at the forefront of this revolution, offering a cleaner, more sustainable mode of transportation. The paradigm shift from internal combustion engine (ICE)-driven vehicles to EVs calls for smart and sustainable charging infrastructure development. Uncoordinated charging may result in serious consequences such as voltage stability, power losses, degradation of reliability indices and an increase in the peak load. At the same time, ensuring energy sustainability, the development of the renewable-based charging infrastructure, and an increase in the share of renewables in the national energy mix are given priority. Hence, planning smart and sustainable EV charging infrastructure and coordinating charging activities have emerged as prime concerns worldwide.

Sustainable EV Charging Infrastructure
Sustainable charging refers to the use of clean energy to power EV charging stations. Sustainable charging solutions deliver environmental benefits where EV owners can charge their vehicles without negatively affecting the environment. Apart from this, sustainable charging solutions also enable EV owners to charge their vehicles at low-cost rates, incentivising the adoption of electric vehicles over conventional vehicles. One such sustainable charging solution is solar-powered EV charging carport, which has managed to redefine the landscape of EV charging infrastructure with its innovative approach.
Solar carports are covered parking areas whose roof is made from PV panels and can be installed residentially and commercially. Positioned at the intersection of renewable energy and parking infrastructure, solar carports are harnessing the sun’s power to revolutionise electricity generation while simultaneously providing essential shade and shelter for parked vehicles. The electricity generated by the solar carports can be used to charge EVs or sent back to the grid.
Using solar energy to charge EVs amplifies the environmental impact of driving an EV. Rather than using electricity from the grid, which could be sourced from fossil fuels or a mix of clean and dirty sources, the EV is charged from clean, renewable energy. The amount of electricity generated by a solar carport depends on the size of the carport, the number of solar panels it has installed, as well as environmental factors, such as the number of daylight hours and the intensity of the light. However, on average, a solar carport can generate enough energy to charge several EVs per day and space using Level 2 chargers.

Advantages of Solar Carport Charging Stations
Solar Carport EV charging stations, with their multifaceted advantages, are revolutionising the electric vehicle charging landscape. They harness solar power for eco-friendly charging, reducing environmental impact. These structures also protect EVs from harsh weather, enhancing longevity. In urban areas, they optimise land use, offering both shelter and renewable energy. The integration of carport charging stations with the grid, with bi-directional energy flow capabilities, enhances grid stability and supports renewable energy integration. These stations, by generating their electricity, can potentially offer cost savings, making EV adoption more appealing. With scalability, carport charging stations are adaptable for individual homes or large-scale charging networks, offering a versatile and efficient solution for diverse environments.

Solar Carport Market
The solar carport market is witnessing significant growth due to the surging popularity of solar energy. The increased awareness of solar power as a renewable and free resource with diverse applications is driving the adoption of solar carports. These structures offer practical benefits, including the transformation of unproductive spaces into sustainable investments. Solar carports in off-grid areas, especially those with EV charging, significantly boost market growth by providing an environmentally responsible solution for sustaining EV charging infrastructure. Solar carports offer a dual benefit by reducing energy bills and carbon footprints and as energy costs continue to rise, businesses and individuals are adopting sustainable energy solutions. Various governments worldwide are providing incentives, tax credits, and rebates for solar power systems, including solar carports. These financial incentives enhance the attractiveness and accessibility of such projects. Advancements in solar technology, energy storage solutions, and smart grid systems have improved the efficiency and reliability of solar carport installations, further accelerating their adoption. Solar carport manufacturers and installers continually innovate, offering customisable solutions to meet the unique needs of clients, making them more appealing to businesses and individuals. Advances in materials and technology have made solar carports more cost-effective and efficient, thanks to lightweight and durable materials. These materials contribute to affordability and sustainability.
To enhance the reliability of renewable energy supply, some solar carport systems integrate energy storage solutions like batteries. These batteries store excess energy generated during the day for use at night or on cloudy days. Solar carports equipped with energy storage enhance grid resilience by providing backup power during grid outages, making them particularly attractive for regions prone to blackouts. Solar carports’ versatility allows them to be applied in various sectors, including commercial, residential, industrial, and public infrastructure, expanding their market potential.

Multi-Faceted Role of Solar Carports
The cement industry plays a significant role in infrastructure development worldwide. However, like any industrial sector, it faces the pressing challenges of sustainability and operational efficiency. As industries increasingly explore eco-friendly and cost-effective solutions, carports have emerged as a valuable addition to the cement manufacturing process since they offer multifaceted benefits to the cement industry. One of the most prominent and innovative applications of carports in the cement industry is turning them into solar power stations.


The clean solar energy generated from these power stations can be integrated into the cement production process, significantly reducing electricity costs and the surplus energy generated can be channelled back into the grid, contributing to a sustainable and cost-effective energy solution. The cement manufacturing process involves the storage of raw materials, equipment and finished products. Exposure to harsh weather conditions can lead to damage, loss, and deterioration of materials and equipment. Carports offer covered storage, protecting these valuable assets from rain, sun, and other environmental elements. This enables the cement industry to extend its products’ lifespan, reduce maintenance costs, and maintain product quality. Carports can also enhance the working environment for employees. When installed in employee parking areas, carports provide shade and protection from rain or extreme heat. This not only improves the overall well-being and comfort of the workforce but also boosts morale, job satisfaction, and productivity. The cement manufacturing process can generate dust and particulates, which pose environmental and health challenges. Strategically designed carports can incorporate filtration systems or be engineered to contain dust, helping control air pollution within the manufacturing facility. Cement production requires substantial amounts of water, making it a resource-intensive industry. Carports equipped with collection systems can harvest rainwater. This water can then be treated and used for various purposes within the manufacturing process, conserving water resources and reducing water supply costs.

Looking Forward
The global shift towards cleaner energy sources is fueling the demand for EVs. Solar carports are emerging as a promising solution to provide covered parking spaces equipped with canopies to shield EVs from sunlight. These carports offer an eco-friendly approach to EV charging by combining clean solar energy with user convenience. As the popularity of electric vehicles continues to grow, the installation and acceptance of solar carports are expected to rise in tandem to meet the energy demands of EVs. The flexibility and versatility of solar carports, which can generate electricity for domestic use and grid credits, are contributing to market expansion.
Solar energy is becoming an integral part of the energy mix, further propelling the market’s growth. Additionally, the optimal placement of solar panels in solar carports enhances their effectiveness, making them a preferred choice for sustainable energy solutions. Moreover, the integration of solar carports into the cement manufacturing process offers a versatile and sustainable solution. These structures not only generate clean energy but also provide valuable shelter and environmental benefits, contributing to overall efficiency, cost savings and environmental responsibility in the industry.

ABOUT THE AUTHOR:


Raman Bhatia, the Managing Director of Servotech Power Systems, comes with over two decades of entrepreneurial experience. He spearheaded the company’s listing on NSE in 2017 and has been driving its growth and expansion ever since
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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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