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The future of infrastructure lies in sustainable innovation

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Satish Maheshwari, Chief Manufacturing Officer, Shree Cement, talks about combining cutting-edge innovation with environmental responsibility to build stronger, more sustainable structures.

As the world grapples with the urgent need to decarbonise, the cement industry—one of the largest emitters—finds itself at a pivotal crossroads. Green cement is emerging as a transformative solution, offering a sustainable alternative without compromising strength or durability. In this interview with Satish Maheshwari, Chief Manufacturing Officer, Shree Cement, we explore the advantages, innovations, and future potential of green cement. From its superior performance to its environmental benefits, green cement is redefining modern construction. Industry leaders and policymakers are now aligning to accelerate its adoption at scale.

What exactly is green cement and how does it differ from traditional cement?
Green cement is a major innovation in sustainable construction, significantly reducing carbon emissions and environmental impact. Traditional cement production, which relies heavily on limestone and fossil fuels, is highly energy-intensive, generating approximately 800-900 kg of CO2 per tonne.
In contrast, green cement incorporates alternative materials such as fly ash, slag, calcined clay and industrial by-products, reducing emissions to around 400-600 kg per tonne—a reduction of up to 55 per cent.
Beyond its environmental benefits, green cement offers superior performance. It has higher tensile strength, better crack resistance and enhanced durability compared to traditional cement. Its lower porosity makes it more resistant to acid rain, temperature fluctuations and chloride penetration, increasing the lifespan of structures. Additionally, its energy-efficient production process requires significantly less fossil fuel, further reducing its carbon footprint.
As the construction industry moves toward sustainable solutions, green cement is emerging as a key player in building a resilient, low-carbon future. Its advanced properties make it an ideal choice for infrastructure projects such as bridges, roads and high-rise buildings.

What are the key environmental benefits of using green cement?
Green cement is an eco-friendly innovation that significantly reduces carbon emissions, lowers energy consumption and minimises waste by incorporating industrial by-products that would otherwise be discarded. By utilising alternative cementitious materials, it not only cuts emissions but also reduces dependence on non-renewable resources, helping to preserve natural reserves.
By repurposing industrial waste, green cement helps reduce landfill accumulation and optimises resource efficiency, making construction more environmentally responsible. Its production process requires less energy, further lowering its carbon footprint. Additionally, green cement enhances durability and resistance to harsh weather conditions, ensuring long-lasting structures with reduced maintenance needs. Its excellent thermal and acid resistance makes it particularly suitable for extreme climates and pollution-prone areas.
While initial costs may be higher, the long-term economic and environmental advantages make it a valuable investment. As the construction industry adopts greener solutions, green cement plays a crucial role in reducing environmental impact while maintaining the strength and reliability needed for sustainable development.

Can green cement match the durability and strength of conventional cement?
With advancements in material science and innovative manufacturing techniques, green cement has evolved into a high-performance alternative that meets the rigorous demands of modern infrastructure. Formulations like geo polymer and calcium sulphoaluminate cement offer superior strength, lower shrinkage and enhanced resistance to corrosion, fire and extreme weather. These properties ensure longevity while reducing maintenance costs, crucial for large-scale and government projects. Additionally, its low-heat properties minimise thermal cracking, further enhancing durability.
From a strategic perspective, investing in green cement is not just an environmental imperative but a business advantage. As global regulations tighten around carbon emissions and sustainability standards, companies that embrace green cement position themselves as leaders in responsible construction. The material’s ability to reduce emissions by up to 80 per cent without compromising performance underscores its transformative potential. The future of infrastructure lies in sustainable innovation and green cement is a critical component of that vision. It is not merely an alternative, it is the way forward.

What innovative technologies are being used to produce green cement?
Innovative technologies are transforming the cement industry, making green cement production more efficient while significantly reducing carbon emissions. These advancements ensure sustainability without compromising structural performance. Key advancements include carbon capture, alternative fuels, nanotechnology and AI-driven process optimisation all designed to reduce environmental impact while maintaining strength and reliability.
Blended cements play a crucial role in reducing clinker dependency and emissions. These include Portland-Slag Cement, Portland Pozzolana Cement, Composite Cement, Limestone Calcined Clay Cement (LC3) and Portland-Limestone Cement, all of which incorporate sustainable materials to lower CO2 footprints. Beyond blended cements, advanced formulations like geo polymer cement, magnesium-based cement and calcium sulphoaluminate cement offer high-performance, low-carbon alternatives. Emerging carbon capture and utilisation (CCU) techniques further minimise emissions by repurposing CO2 into eco-friendly materials.
AI and automation are optimising energy use, reducing waste and streamlining production, driving both efficiency and sustainability. With these innovations, the cement industry is poised to meet sustainability goals while enhancing resilience and cost efficiency, paving the way for a greener future in construction.

How cost-effective is green cement compared to traditional options?
Green cement presents a cost-effective alternative to traditional options by reducing reliance on clinker, a key component that is both energy-intensive and expensive. By incorporating industrial by-products green cement lowers raw material costs while significantly cutting carbon emissions. While advanced formulations like geopolymer and magnesium-based cement may have higher initial costs due to specialised processing, their long-term benefits far outweigh the upfront investment. These innovative cements offer superior durability, reduced maintenance costs and enhanced resistance to environmental factors, resulting in lower lifecycle expenses. Additionally, green cement production consumes less energy, further optimising operational costs.
With increasing adoption, government incentives, carbon credits and regulatory support are further strengthening the financial viability of green cement. As technology evolves and production scales up, green cement is becoming an increasingly competitive, cost-efficient and sustainable solution for the construction industry.
Moreover, the use of recycled materials in green concrete enhances its cost-effectiveness. By leveraging industrial by-products and recycled aggregates, green concrete reduces dependency on natural raw materials, offering an economically attractive and environmentally responsible choice for modern construction.

What challenges does the industry face in adopting green cement on a large scale?
India produces over 500 million metric tonnes of cement annually, yet the transition to green cement faces multiple challenges. Scaling up production, managing costs and driving innovation remain key hurdles. High production costs and limited incentives slow adoption. A clear and stable regulatory framework is essential to encourage investment and accelerate growth. Supply chain challenges such as limited CO2 storage and dwindling fly ash availability continue to pose significant obstacles. Other cement companies are securing long-term slag contracts to ensure a steady supply. Infrastructure bottlenecks add to logistics costs and delays. Industry leaders are optimising transportation through fleet management and alternative transport solutions to improve efficiency. Innovation in carbon capture, durability and cost efficiency is critical for large-scale adoption. Continued investment in R&D will be key to making green cement a mainstream choice.
Addressing these challenges through policy support, infrastructure development and sustained innovation will position India as a leader in sustainable cement production.

Are governments and regulators supporting the shift to green cement?
The transition to green cement is a key priority in India’s sustainability roadmap, with the government playing an active role in accelerating its adoption. This aligns with global commitments like the Paris Agreement and supports India’s goal of achieving net-zero emissions by 2070. Key policy initiatives such as the National Action Plan on Climate Change (NAPCC) and the Perform, Achieve and Trade (PAT) scheme incentivise energy efficiency and promote the use of alternative fuels and raw materials. Updated building codes and eco-labeling systems further support the shift toward low-carbon construction.
As global climate policies continue to evolve, India’s proactive regulatory approach, combined with industry partnerships and green financing mechanisms, positions the country to become a leader in sustainable cement production and contribute meaningfully to the global low-carbon transition.

How do you see the future of green cement in global construction?
The future of green cement in global construction is set for rapid transformation, driven by sustainability goals and evolving industry demands. With stricter carbon regulations and a growing push for green-certified buildings, the shift toward low-carbon materials is accelerating. Green cement offers more than just environmental benefits. Its superior tensile strength and corrosion resistance make it a viable alternative to traditional cement. Builders are increasingly recognising its role in enhancing long-term project value while reducing carbon footprints.
Advancements in carbon capture, alternative binders and energy-efficient production processes are making green cement more commercially viable. Countries like India and China are already integrating it into large infrastructure projects, setting the stage for global adoption. While challenges around cost, supply chain constraints and scalability remain, regulatory support, financial incentives and sustained R&D will continue to drive momentum. As the construction industry evolves, green cement will be at the heart of a more sustainable and resilient future.

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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