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Cement-maker Sanghi Industries Ltd will invest ₹250 crore over the next couple of years with a focus on sustainable development, innovation and conservation of energy.
The company will pump in ₹150 crore to develop a 15-MW waste heat recovery system (WHRS) and ₹100 crore to expand its facilities at Navlakhi Port in Gujarat, Alok Sanghi, Director, said here on Monday.
Power from waste gas The company has signed a contract for installation of the WHRC at its cement plant in Kutch district whereby 15 MW power will be generated from waste gases. With this technology, valuable fossil fuel and foreign exchange will be saved and there will be a significant reduction in the emission of pollutant gases such as carbon dioxide and sulphur dioxide, he said.
Sanghi Industries, whose plant at Abdasa in Kutch has a capacity to make 3 million tonnes of cement annually, will recover more than 70 per cent of waste heat generated from the facility.
For conservation of coastal soil, the company will undertake mangrove plantation spread over 200 hectares on the Gujarat coast.
Sanghi said the company will focus on increasing efficiencies at its plants as well as reducing carbon footprint by cutting pollutants. Also, in line with the Shipping Ministry’s agenda to increase transportation through the coastal sea route, the company has set up a terminal with an investment of ₹50 crore at Navlakhi Port in Kutch.
Expanding terminal “We will invest an additional ₹100 crore to expand the terminal at Navlakhi as the sea route reduces our transportation cost considerably.”
Sanghi Industries, a partner for Vibrant Gujarat Global Investors’ Summits since 2003, had signed MoUs in the areas of renewable energy and sustainable environment on the coast at the seventh edition of the event this month.
It is the first company in India to have a full fledged infrastructure, from day one, including a 63 MW power plant, a desalination plant of 5,500 M3 capacity, and a jetty to cater to the needs of sea route transportation and road network.
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