ACE Update – July 2019

‘The Canvas’ interior design cell launched

in Mumbai

6 JULY 2019 ACEARCHITECTURECONSTRUCTIONENGINEERINGUPDATE

U

ltraTech Cement Ltd is aiming to raise

contribution of green energy to 25 per

cent of its total power consumption

by 2021. This increase is more than double

the current contribution of 10 per cent of

green energy to the company’s total energy

consumption.

The increase in green energy contribution

comes in the wake of the cement player’s

commitment to hike contribution of renewable

energy to its total power consumption by

five times in the next two years. Renewable

energy will contribute to over 10 per cent of

its total power consumption by 2021.

The company plans to build capacity

to generate above 650 million units of

renewable power by 2021. The increased

use of renewable power for electrical

energy requirements will cut annual carbon

emission to 533000 tonnes of CO2, and in

25 years, reduce total carbon footprint to 13

million tonnes of CO2.

Besides renewable energy, the green

energy contribution includes energy

generated through waste heat recovery

systems (WHRS). During FY19, UltraTech

commissioned 28MW of WHRS taking its

total generation from WHRS to 8 per cent of

total power consumption. The investments

in progress are expected to be completed in

a phased manner by 2021, taking WHRS to

15 per cent of total power requirement.

T

he Canvas, a specialised interior design

cell was launched at the central business

district of the city, Sofitel Mumbai, BKC.

The unveiling of ‘The Canvas’ was done in

a very unique and artistic way where the

guests who were present at the event turned

into artists for that night and became an

integral part of creating a masterpiece piece

on an actual canvas which was displayed at

the entrance. The guests were given brushes

with different shades of colours to paint on

the canvas and hidden logo of ‘The Canvas’

was unveiled on stage taking everyone by

surprise.

Sapna Khakharia, Director, The Canvas says,

“It’s a very joyful and a proud moment for

all us. Our vision of starting a specialised

design cell has come true and I am grateful

to all our team members. ‘The Canvas’ is built

on our legacy as creators of extraordinaire

workspaces and we are delighted in unveiling

our new identity as a specialised design cell.

‘The canvas’ will offer a complete spectrum of

design solutions from architectural design to

interior design across corporate, hospitality

and residential.”

UltraTech to pump green-energy contribution

I

IFL Home Finance Ltd has inked a

Memorandum of Understanding

(MoU) with Indian Green

Building Council (IGBC) for

providing sustainable green living,

for affordable housing section in

India. Both IIFL home finance and

IGBC comprehend the scope in

green affordable housing segment,

as rapid urbanisation and inflating

real estate prices have made

housing an unaffordable dream.

Considering the current scenario,

the necessity for adequate housing

for low-income groups would

escalate. Green concepts and

techniques in affordable housing

sector can help in slashing the

energy and water usage, improve

health and hygiene, provide better

sanitation, better ventilation and

lighting in dwellings. The techniques

would also help save fuel during

transit to work places and reduce

the level of associated pollution.

V Suresh, Chairman, CII-IGBC

and Monu Ratra, CEO, IIFL Home

Finance, have decided to join hands

for promotion and implementation

of green building concepts and

IGBC Green Affordable Housing

Rating System.

IIFL, IGBC

collaborate to

promote green

affordable housing