Havells India to ramp up solar power capacity to 16 MW

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Havells India Ltd, a Noida-based electrical equipment company, plans to scale up its solar power capacity to around 16 MW by installing a 4.6 MW solar power plant at its Alwar facility in the upcoming fiscal year. This move will enable the company to meet 67% of its total electricity demand through renewable energy sources including solar, thereby reducing Scope 2 emissions considerably.

At present, Havells India has a solar power generation capacity of 11.26 MW, which is about 8.4% of its total electricity consumption. The company was able to offset 7,971 tons of CO2 emission by solar alone.

Havells India Ltd also stated that sustainable technologies will be a key area of focus in its next phase of strategy. During FY 2023-24, the company spent 46% of its R&D funds on sustainable technologies and products development. The company introduced solar dual-mode micro inverter. Further, it has embarked into the journey to reduce its carbon footprint by 50% by 2030 with a robust roadmap.

At present, Havells India has a solar power generation capacity of 11.26 MW, which is about 8.4% of its total electricity consumption. The company was able to offset 7,971 tons of CO2 emission by solar alone.

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