ITC Limited launches 9.45 MW solar plant in Karnataka to boost renewable energy goals
ITC Limited, India’s leading multi-business conglomerates, has commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka.
The company had set itself the target to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision.
In FY 2023-24, over 50% of ITC’s total energy requirements were already met from renewable sources such as solar, wind and biomass. Total Energy includes electrical energy as well as thermal energy.
The offsite solar plant is set to generate around 15 million units every year, providing green energy to the company’s numerous facilities in the state. These include the Company’s hotels such as ITC Gardenia and ITC Windsor, its R&D facility in Bangalore – the ITC Life Sciences and Technology Centre (LSTC), foods manufacturing units including two large Integrated facilities in Mysore and Malur, Agri product processing factory, Warehousing & Logistics facility as well as ITC Green Centre in Bangalore – an iconic Green Building Office and Information Technology Centre in the state.
S Sivakumar, Group Head of Agri, IT Business and Sustainability at ITC Limited said, in a statement, “In line with ITC’s Sustainability 2.0 Vision, it has been our endeavour to accelerate efforts in decarbonisation. Expanding our renewable energy footprint has been one of
