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Cement companies green power mix likely to rise to 42 pc by FY25: Report

The cement industry is highly energy-intensive and is one of the largest consumers of coal as primary fuel only behind iron and steel. Electricity requirement of the cement industry has traditionally been met from the state grids, along with coal-based captive thermal plants. Additionally, cement plants use significant quantities of coal in clinkerisation-emitting greenhouse gases.

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Cement companies green power mix likely to rise to 42% by FY25: Report, ET RealEstate

Cement Industry: Major cement players are looking at reducing their emissions by 15-17 per cent over the next 8-10 years by increasing the share of blended cement, which uses less clinker and, consequently, less fuel, Icra Ratings said in the report.

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India Inc set to show further improvement in credit metrics in Q2: Report

India Inc set to show further improvement in credit metrics in Q2: Report
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India Inc: India Inc set to show further improvement in credit metrics in Q2: Report

India Inc s credit metrics are expected to show further improvement in the September quarter, driven by factors such as softening commodity prices, price hikes by companies, and anticipation of favorable demand, according to Icra Ratings. The agency predicts that the interest coverage ratio will improve to 4.5-5 times in Q3 from 4.5 times in Q2.

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IT services sector s revenue growth to slow down to 3 pc in FY24: Icra

IT services sector s revenue growth to slow down to 3 pc in FY24: Icra
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