ITC Ltd, one of India’s leading multi-business conglomerates, has recently commissioned its second offsite solar plant in Karnataka. The plant, located in the Davangere district, has a capacity of 9.45 MW. It is ITC’s fourth offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka.
ITC 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 in Davangere district is expected 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), foods manufacturing units including two large integrated facilities in Mysore and Malur, agri product processing factory, warehousing and logistics facility as well as ITC Green Centre in Bangalore.
Sivakumar, Group Head of Agri, IT Business and Sustainability at ITC Ltd, said, “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 the key pillars of our low-carbon growth strategy.”
With this new solar plant, renewables’ share in ITC’s total electricity consumption in Karnataka will be close to 90%.
The plant, spread over 26 acres, is built with bi-facial module technology and string inverters and complies to national and international standards on design and safety. It will help reduce 12,000 tonnes of greenhouse gas emissions every year.
ITC’s renewable electricity capacity presently is over 200 MW across both solar and wind power plants. It is in the advanced stage of setting up multiple offsite solar projects across several states in the country.
The company has also invested in several solar electricity projects with rooftop solar power units installed in several locations such as Haridwar in Uttarakhand, Bolarum in Telangana, Tribeni in West Bengal, Trichy in Tamil Nadu, and Kapurthala in Punjab, with more in the pipeline.
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I Hava a 2.28 acre of land in chitradurga district j want lease out for solar plant.