Mr. Srinivasan Viswanathan, CEO, Vibrant Energy, said "We are excited to partner with Ultratech and accelerate their green energy transition. This partnership marks a significant step towards a sustainable and carbon-neutral future. This will act as a catalyst for transforming not just the cement industry but other energy-intensive industries as well."
The project is expected to generate about 72 million units of green power on an annual basis that would help Ultratech reduce its carbon footprint and achieve their sustainability targets.
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