Indian multinational pharmaceutical company Cipla Limited on Thursday announced the commercial operation of additional captive renewable energy power plant capacity in Maharashtra and Karnataka.
In January 2021, Cipla had commissioned a 30 MWp solar project in Tuljapur, and has now added 16 MWp of solar capacity to supply renewable energy to its manufacturing units/facilities in Maharashtra.
These projects were commissioned in partnership with AMP Energy India and are one of the largest open solar access projects in the state implemented by a company. The project will support the company’s green energy needs for its manufacturing units at Kurkumbh and Patalganga and its R&D center at Vikhroli in Maharashtra, replacing approximately 70% of the total consumption of these units with green energy.
In Karnataka, a solar wind hybrid captive power plant with a capacity of up to 9 MWp solar + 2.7 MVA wind power has been commissioned in partnership with CleanMax Enviro Energy Solutions. Cipla said this project will help migrate 85% of energy requirements to a renewable source for its manufacturing units in Karnataka.
“Sustainability is at the heart of Cipla’s DNA and this project is a big step forward in our goal of achieving carbon neutrality by 2025. We are striving to continue to increase the share of renewable energy at our sites with the aim of contributing to India’s agenda of increasing energy production from non-fossil fuel sources,” said Geena Malhotra, President and Global Head of Manufacturing Operations, Cipla.
Over the past 3 years, Cipla has added a significant capacity of 66 MWp of equivalent solar power portfolio through various initiatives such as an on-site solar rooftop and ground mounted solar projects under the RESCO model, and a project solar/wind open access captive in partnership with leading independent power producers, the statement said.
In FY22, the company said it secured a total of 68,200 mWh of renewable energy for its operations across India, resulting in reductions of 56,000 tonnes of CO2. The company’s global environmental, social and governance (ESG) positioning aims to develop a holistic sustainability roadmap for the future, Cipla said, adding that by 2025 it plans to achieve neutrality. carbon and water, zero waste to landfill, anti-microbial resistance management and green chemistry.
Read also: Markets record two losing sessions: Sensex gains 437 pts, Nifty recovers 16,600
Also Read: HDFC Partners with Accenture to Accelerate Digital Transformation of its Lending Business