if the price is right, it will be done. And is being done. Before, gas used to be flared in petroplants, now used to heat converters, sugarcane bagasse used to be wasted, now converted to pellets to burn for sugar crystallisation. Textile mills use heat recovery for drying instead of a separate dryer. If I remember things correctly, Thermax used to offer solutions for many industries.
It is needed in a energy poor country, even if a bit inefficient; the money is recovered soon.
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