JSW Cement signs MoU with Punjab Renewable Energy Systems to use agricultural waste as biomass – EQ Mag Pro

JSW Cement, part of US$ 13 billion JSW Group 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.

“The circular economy principle is an integral part of our business model. Last year, we made a small beginning wherein nearly 5 per cent of our fuel requirement was met through alternate fuels,” said Parth Jindal, Managing Director of JSW Cement.

According to 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.

“The biomass-based fuel model will help JSW Cement address three key aspects of Sustainability i.e. Environment, Social and Economic. Agri-waste is usually burnt in open fields which impacts the surrounding air quality,” the company said in a statement on Wednesday.

JSW Cement will use agri-waste as fuel to help reduce its business dependency on coal and cut its carbon emissions. This fuel model will also improve the ambient air quality of the local environment while helping farmers generate additional income.

Source : PTI