ITC Limited has commissioned its first offsite Solar Plant in Tamil Nadu. It is an offsite solar plant with a capacity of 14.9 MW. The plant is located in Dindigul, Tamil Nadu.
The capital involved in building the infrastructure is Rs 76 crores. The plant has started to help ITC achieve 90 per cent of its electricity requirement from the renewable source of energy.
This project is in line with ITC chairman Mr Sanjiv Puri’s ‘Sustainability 2.0’ vision for sustainable performance. ITC has a plan to meet 100 per cent of the entire grid electricity requirements from renewable sources by 2030 and contribute to fighting climate change.
National and International safety measures are added to the project which spans over fifty-nine acres. The power plant will generate over 22 million units of renewable energy annually. This will be supplied to ITC’s hotels, food management plants, paper manufacturing facilities and packaging factories located in Tamil Nadu.
About ITC in Renewables
ITC comprises 138 MW of wind power and 14 MW of solar power in the portfolio. Another 53MW solar capacity is under execution and the company is also investing in biomass boilers. The Company has made investments of over Rs. 1000 crores in renewable energy assets to date.
Renewable energy powers twenty factories, nine hotels, and six office buildings of ITC in Telangana, Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Delhi, Bihar, Haryana, West Bengal, and Punjab.
In 2018, ITC became the first private sector entity to wheel renewable energy across states through the Inter-State Open Access mechanism. Currently, ITC’s 46MW Wind power plant in Andhra Pradesh supplies power to over 15 ITC establishments in 8 states. This has led to a higher renewable energy utilization for the company.
Besides investing in new renewable energy assets, ITC, as part of its Sustainability 2.0 agenda aims to achieve a 50% reduction in specific emissions and a 30% reduction in specific energy consumption by 2030 over a 2014-15 baseline