Sanghi to invest Rs. 250 cr in renewable energy and port development

 Sanghi Industries Ltd. will invest Rs. 250 crore over next couple of years with a focus on sustainable development, innovation and conservation of energy. The company is going to invest Rs. 150 crore for developing 15-MW waste heat recovery system and another Rs. 100 crore to further develop its facilities at Navlakhi Port in Gujarat.
Sanghi Industries has signed a contract for installation of waste heat recovery system at its cement plant in Kutch, Gujarat whereby 15 MW power will be generated from the waste gases released in the air. With this technology, the valuable fossil fuel will be saved, foreign exchange will be saved and there will be a significant reduction in the emission of pollutant gases viz. CO2 and SO2. Sanghi will recover more than 70 per cent of waste heat generated from its cement manufacturing plant.
For conservation of coastal soil, the company will undertake mangrove plantation spread over 200 hectares on the Gujarat coast. This initiative will protect the ecology and coastal environment and will also improve socio-economic development.
Explaining the company’s strategy, Alok Sanghi, Director, Sanghi Industries Ltd., said, “Our focus is on increasing efficiencies at our manufacturing facilities as well as reducing our carbonfootprint by cutting down on pollutants that affect the environment.”
Sanghi Industries has been one among the pioneers in the industrial growth story of Kutch District in Gujarat and a partner for each successive Vibrant Gujarat Global Investors’ Summit since 2003.

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