The Ramco Cements Limited is one of the leading cement manufacturers in India, having its presence in Southern and Eastern Parts of the country.
The Company is always known for initiating measures towards economisation of its operations and environment protection. The economisation and innovative initiatives goes back to as early as late 60s when the Company pioneered in popularising blended cements. The Company's most popular product of Portland Pozzolana Cement uses fly ash, one of the hazardous material. The consumption of the waste product of fly ash from thermal power plants saves the cost and damages to the society which would otherwise entail in handling of the fly ash.
Further, way back in the year 1992, the company was one of the pioneers to have gone in for installation of wind electric generators. The wind energy being renewable and from a non-conventional energy source, reduces the depletion of conventional sources of the energy like coal. It also helps to reduce the carbon footprint while generating power for industry. The investment made towards the installation of wind electric generators had helped the company to tide over the power crisis periods that were encountered by the industry subsequently.
In line with the company's commitment of protecting the environment, it had decided to install Waste Heat Recovery Power Generating Systems in its cement plants. The waste heat recovery plants would recover the waste heat from the kiln exhaust gases and cooler vent air and the saved energy would be converted into electrical energy, by way of installation of waste heat recovery boilers and turbines. The recaptured electrical energy would again be used in the manufacturing process.
The capturing and reutilisation of the waste heat reduces the power cost of the plant. Due to the reduction in CO2 emission, lesser carbon foot print is achieved. The installation of waste heat recovery system is also helping the company towards its steps for self-reliance in power. This would insulate the company from future energy crisis and variations in the cost of the purchased power.
The Company has announced that as a first step towards this direction, the Company's Jayanthipuram cement plant has commissioned its 9 MW Waste Heat Recovery Power Generating Plant in September 2020. The Jayanthipuram plant is in the process of installing two more 9 MW Waste Heat Recovery Power Generating Plants which would be commissioned in the months to come.
The Company is in the process of establishing a new cement plant at Kolumigundla, Kurnool District, Andhra Pradesh with a clinkerisation capacity of 2.25 million tonnes per annum and cement manufacturing capacity of 1 million tonnes per annum. This project will also have a waste heat recovery system of 12.15 MW capacity.
On commissioning of the above mentioned waste heat recovery systems, the Company's aggregate capacity of waste heat recovery plants would be 39.15 MW.
The Company is committed to safeguard the Mother Earth and will contribute its due in this direction.
Shares of The Ramco Cements Limited was last trading in BSE at Rs.702.7 as compared to the previous close of Rs. 698.95. The total number of shares traded during the day was 62183 in over 886 trades.
The stock hit an intraday high of Rs. 712.95 and intraday low of 690.8. The net turnover during the day was Rs. 43327358.