Maruti Suzuki expands solar capacity in India, earmarks over INR 925 crore
Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects
- NEW DELHI — Reinforcing its commitment to enhance usage of renewable energy in
its operations, Maruti Suzuki India Limited on Wednesday announced the
expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects.
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- The automaker commissioned a 20MWp solar power project at
its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity
to its Manesar facility.
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- With these additions, MSIL's total solar capacity across
its locations has enhanced from 49MWp to 79MWp in the last one year.
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- By FY2030-31, Maruti Suzuki plans to reach 319MWp of
solar capacity, backed by an investment of over INR 925 crore.
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- The company said it is increasing the share of green
power sourced from state electricity boards for its consumption. These
initiatives in solar power and green power will help it meaningfully shift its
dependence towards renewable energy.
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- “Aligned with our parent company, Suzuki Motor
Corporation's Environment Vision 2050 and the government of India's focus on
renewable energy, we are systematically enhancing the use of renewable energy
in our operations,” said Hisashi Takeuchi, Managing Director and CEO, Maruti
Suzuki India Limited.
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- “As we scale up production to four million units, we are
committed to matching that growth with equally ambitious sustainable energy
practices. This solar power expansion is a crucial step towards creating a
cleaner, more sustainable energy ecosystem and contributes positively to the
environment,” he mentioned.
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- Through sustained efforts, the share of renewable source
of energy in total electricity consumption is expected to reach nearly 85 per
cent by FY2030-31.
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- Maruti Suzuki India is actively transitioning to green
manufacturing practices at all its facilities.
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- In four-wheelers category in May, Maruti’s volumes were
up 3 per cent on-year, as a 6 per cent decline in domestic sales was offset by
80 per cent growth in exports.
