Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy

Highlights :

Cipla is adding 16 MWp of solar capacity for supplying renewable energy for its manufacturing units facilities in Maharashtra.

The project will support the Company’s green energy requirements for its manufacturing units at Kurkumbh & Patalganga and R&D center at Vikhroli in Maharashtra.

Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy

Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. 

Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership with AMP Energy India. Moreover, these projects are one of the largest open access solar projects set up by a corporation in the state, which will fulfill the 70% of total consumption for both manufacturing & R&D units to green energy.

Apart from that, In partnership with CleanMax Enviro Energy Solutions, a wind-solar hybrid captive power plant with a capacity of 9 MW solar & 2.7 MVA of wind has been commissioned in Karnataka.

“This project will assist in migrating the 85% of power requirement for its manufacturing units in Karnataka to renewable sources,” the company stated.

President and Global Head – Manufacturing Operations of Cipla, Geena Malhotra said,Sustainability is at the core of Cipla’s DNA and this project is a big step forward in our goal to achieve carbon neutrality by 2025. We endeavor to continue growing the share of renewable energy across our sites to contribute to India’s agenda of increasing energy generation from non-fossil fuel sources.”

Further, she added, “Over last 3-year Cipla has added significant capacity of 66 MWp of equivalent solar power portfolio through various initiatives such as an on-site solar rooftop & ground-mounted solar projects under RESCO model, and captive solar / wind open access project in partnership with leading IPP (Independent Power Producers).”

The corporate PPA market, where this deal will be placed, is expected to lead addition of renewables capacity in India in a big way. Corporates, with their better resource management and the coming of ESG norms, are expected to lead in terms of both direct sourcing of renewable energy and to replace a significant proportion of their captive energy requirements with renewable plus storage solutions.

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