Industrial Decarbonization

Green Power Procurement in Secondary Steel Sector in India Case Study: Yash Metallics (A foundry from Kolhapur cluster) The steel sector forms the backbone of India’s industrial landscape, driving economic growth and infrastructure development. As one of the country’s most energy-intensive industries, it now stands on the brink of a major transformation, with leading players committing to ambitious decarbonization initiatives and embracing the shift toward green steel. Within this evolving landscape, the secondary steel segment holds particular significance. Unlike large-scale…

Green Power Procurement in Bulk Chemical (Chlor- Alkali) Sector in India Case Study: DCM Shriram Ltd Bulk chemicals, also known as commodity or basic chemicals, are produced in large volumes and serve as essential raw materials for various downstream industries. Among them, alkali chemicals or chlor-alkali sector constitute the largest segment within India’s bulk chemical sector. India accounts for over 6% of the global chlor-alkali market in 2023. The chlor-alkali manufacturing process is highly energy-intensive, and electricity represents the dominant…

Green Power Procurement in the Agrochemical Sector in India Case Study: UPL Ltd The Indian agrochemical sector broadly comprises crop growth (fertilizers, plant growth regulators, biostimulants, etc.) and crop protection (pesticides) chemicals. Agrochemicals manufacturing, having a significant reliance on fossil fuels for both raw materials and energy sources is a hard-to-abate industrial sector. In India, over 90% of emissions from the agrochemical industry originate from fertilizer production, with urea being the most significant component. In contrast, pesticides are more energy…

Green Power Procurement in the Aluminium Sector in India Case Study: Vedanta Aluminium India’s aluminium industry ranks among the nation’s most energy-intensive and hard-to-abate, contributing significantly to the country’s industrial carbon footprint. The sector is highly consolidated, with three major companies dominating aluminium production, including Hindalco, Vedanta, and NALCO. All three have established decarbonization goals aligned with India’s commitment to achieving net zero emissions. Figure 1: Net zero roadmap of aluminium players Source: Industry Annual reports, JMK Research Note*: Net…