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JSW Cement, Punjab Renewable Energy Systems MoU to source agri-waste for biomass fuel in manufacturing operations
New Delhi, March 16, 2022: JSW Cement has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations. According to a press release issued by the company, under 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.
According to Parth Jindal, Managing Director of JSW Cement, “The circular economy principle is an integral part of our business model. Last year, we made a small beginning wherein nearly 5 percent of our fuel requirement was met through alternate fuels. Our collaboration with Punjab Renewable Energy Systems will help us further strengthen our alternative fuel strategy with the introduction of Biomass fuel in our operations. This will not only help us reduce our carbon emissions but enable us to help Indian farmers reap economic benefits from the agricultural waste while improving the ambient air quality.”
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