BUSINESS

ITC Commissions Rs 76 Crore Solar Plant in Dindigul to Cut Carbon Footprint

The Cigarettes-to-hotel conglomerate ITC Ltd has commissioned its first offsite solar plant at Dindigul in Tamil Nadu. Built for Rs 76 crore, the plant will help reduce carbon dioxide emissions by the groupโ€™s businesses.

The 14.9 megawatt (MW) plant spread over 59 acres will generate over twenty-two million renewable energy units annually for ITCโ€™s hotels, food manufacturing plants, paper manufacturing, and printing and packaging factories in Tamil Nadu.

The plant has helped ITC meet 90 per cent of its electricity requirement from renewable sources in Tamil Nadu. ITCโ€™s renewable portfolio comprises 138 MW of wind power plants and 14 MW of Solar plants with 53MW of additional solar capacity under execution. Recently, projects are also underway in other renewable energy sources like biomass boilers. The company has made more than Rs 1000 crore in renewable energy assets.

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