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Renewable Energy
Renewable Energy
a. Sourcing power through captive renewable energy projects: Over the period of 5 years, we have invested Rs. 170 Cr. (USD 20 MM ) plus in setting up 36.57 MW captive solar / wind projects to replace average 26% of total power consumption with renewable energy at our various manufacturing units located in Maharashtra, Silvassa, Gujarat and Madhya Pradesh, details are as follows:
| Year | Project Capacity ( MW ) | Nature of Project | Project Installation Location | User Location ( Manufacturing unit / Office facility where power is replaced with renewable ) | % of power replaced with renewable |
|---|---|---|---|---|---|
| 2023 | 28 | Solar | Khandwa, Madhya Pradesh | Ratlam unit and Indore unit in Madhya Pradesh | 45% |
| 2021 | 2.31 | Solar | Solapur, Maharashtra | Aurangabad unit, Maharashtra | 20% |
| 2020 | 2.17 | Solar | Solapur, Maharashtra | Mahad unit, Maharashtra | 35 % |
| 2.00 | Wind | Patan, Gujarat | Ranu unit, Gujarat | 25% | |
| 2019 | 1.74 | Solar | Solapur, Maharashtra | Mahad unit and Aurangabad unit, Maharashtra | 8.5% |
| 0.35 | Solar | Athal Unit, Silvassa | Athal unit, Silvassa | 1.5 % | |
| Total capacity | 36.57 | – | – | – | – |
b. Shifting to briquette/Pellet fuel in place of coal: We are aiming to install a captive briquette/Pellets fuel manufacturing plant at Ipca farms located in District- Wardha, Maharashtra, which will supply pellets for self consumption in boiler at our various manufacturing units located across India. Steps taken are as follows:
- Farming of napier grass has been initiated at Ipca farms located in District – Wardha, Maharashtra, which will further processed to manufacture pellets.
- Briquette/Pellets fuel manufacturing plant has been ordered, which will be further installed at Ipca farms.
- Evaluation to convert / replace in phase manner existing coal fires boiler installed at our various manufacturing units with briquette/pellet fired boiler has been initiated
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