M&M to adopt 58 MWp captive solar plant in Maharashtra, Energy News, ET EnergyWorld
New Delhi: Domestic auto company Mahindra & Mahindra (M&M) announced on Wednesday that it is rolling out a 58 MWp proprietary solar array that is expected to generate around 100 million units of electricity per year from 2022, up 56 percent in all of its facilities in Delhi Maharashtra, including Mumbai, Nashik, Pune, Igatpuri and Nagpur, the company said in a statement.
The solar plant in the Parbhani district of the Marathwada region of Maharashtra is being added by ReNew Sunlight Energy Pvt Ltd., a wholly owned subsidiary of ReNew Power Pvt Ltd, it.
Veejay Nakra, CEO of M & M’s Automotive Division, said, “This new solar power plant will advance our journey of sustainability and make a significant contribution to environmental protection and contribute to the Indian government’s goal of 175 GW by 2022.”
He explained that sustainability is a way of life and an important benchmark for the success of M&M and said: “We are determined to achieve our goal of CO2 neutrality by 2040 and are well on the way to reducing CO2 emissions in our production facilities to reduce.”
With this project, according to M&M, “it will make significant progress towards achieving carbon neutrality and science-based goals by reducing 79,000 tons of CO2 emissions per year”.
“This is equivalent to caring for 3.7 million trees a year, or supplying approximately 20,650 Indian households with electricity for one year,” the company added.
M&M had started using renewable energies with its first 0.06 MW project at the Igatpuri plant to reduce CO2 emissions at its production sites.
“With this company-owned solar system, we will now achieve a capacity of 78 MWp,” said the company. RKL ANS ANS