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Dandot Cement finalizes financing for Waste Heat Recovery Plant

Mettis Global • • 1 min read

Dandot Cement finalizes financing for Waste Heat Recovery Plant

Dandot Cement Company Limited has completed the funding setup for its Waste Heat Recovery plant, according to Mettis Global. Letters of credit have been opened in favour of Sinoma Energy Conservation Limited, the firm that will provide, fit and start up the equipment.

The company expects the facility to raise energy efficiency and cut operating expenses, while lowering carbon output and its carbon footprint. The plant will recover heat from the production process and use it to generate captive power. Both the energy savings and the lower emissions are presented as expected outcomes rather than confirmed results.

The company expects these gains to strengthen earnings over the long run and support sustainable expansion. Mettis Global reported that the disclosure was filed with the Exchange through a formal notice.

At a glance

  • Dandot Cement has finalized financing and opened letters of credit for its WHR plant.
  • Sinoma Energy Conservation Limited will provide, install and commission the plant.
  • The plant is expected to generate captive power from waste heat and lower operating costs.

Stocks in this story

Sectors:Cement

Originally reported by Mettis Global

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