Grey to Green
Therefore, despite decrease in cement volume during FY21, the economical power consumption increased from 115 Gigawatt hours in FY20 to 122 Gigawatt hours in FY21, accounting for ~ 37% of the total power consumption. Out of 122 Gigawatt hours, 73 Gigawatt hours is green power which is more than ~ 22% of the total power consumption of the Company. To further enhance the share of green power, the Company has recently signed a long-term solar power purchase agreement for purchasing ~ 22 Gigawatt Hours per annum under 'Group Captive Scheme'. The timeline provides a snapshot of various power sourcing initiatives taken by the Company in recent years. As a result of all these initiatives, the Company has been able to reduce its FY21 power cost per unit by ~ 10% as compared to power cost per unit in FY16.