Summary:

In order to increase its capacity for renewable energy and promote sustainable manufacturing, Maruti Suzuki India Limited has announced intentions to invest more than Rs. 925 crore (US$97.15 million) by FY31. The company has already put into service a 20 MWp solar project at its Kharkhoda facility in Haryana and an additional 10 MWp capacity at its Manesar plant, with the goal of increasing its solar power generation capacity to 319 MWp by FY31. The program aims to strengthen operational sustainability, lower carbon emissions, and increase energy efficiency. By FY31, Maruti Suzuki anticipates that green power purchase and captive solar generation will account for over 85% of its electricity demand. Both the company's long-term environmental commitments and India's renewable energy goals are supported by the investment.

Source: IBEF

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