Industrial Decarbonization

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…

Green Power Procurement in the Indian Textile Sector Case Study: Arvind Ltd Date of release: November 2024 The textile sector in India is among the most energy-intensive industries and is currently undergoing a pivotal transformation. It accounts for more than 4% and 5% of the total industrial energy consumption and emissions, respectively. There is an increasing pressure from the government and end consumers to adopt sustainable practices and improve energy efficiency. Thus pushing the sector to explore utilization of decarbonization…

Green Power Procurement in the Cement Sector in India Case Study: Shree Cement Date of Release – August 2024 The Cement Industry is one of India’s most energy-intensive industrial sectors and is at the cusp of a major transformation. All leading manufacturers aim to decarbonize and green their manufacturing operations through strategic green power procurement, setting Net Zero targets. Majority of the leading manufacturers aim to attain net zero by 2050. Figure 1: Emission Intensity roadmap of leading cement players…

Green Power Procurement in the Iron and Steel Sector in India Deep Dive into JSW Steel Case Study Date of Release – July 2024 The Iron & Steel Industry, one of India’s most energy-intensive industrial sectors, is at the cusp of a major transformation. All leading steel players aim to decarbonize and green their manufacturing operations, setting Net Zero targets. Renewable energy (RE) adoption, with its technological maturity and low cost, has become the immediate focus of Iron and steel…