Punjab Renewable Energy Systems to supply biofuel lines for three UltraTech Cement cement plants

India: UltraTech Cement has signed a memorandum of understanding with Punjab Renewable Energy Systems for the installation of biomass processing lines to produce cement fuel at three of its Indian integrated cement plants. The supplier will also build a sustainable supply chain of agricultural waste for the plants. The companies say that the deal will help to dispose of the waste, which is normally burnt in the open, and reduce the cement plants' Scope 1 and 2 emissions. Currently, the plants rely on imported coal. Additionally, it will augment incomes in local farming communities.