Toyota Kirloskar Motor (TKM) has inaugurated the 27.2 MW Group Captive Solar and Wind Renewable Energy Project located at Kudligi, Vijaynagara, in Karnataka, taking its cumulative green energy adoption to 53.4 MW.
Established through a joint venture with ReNew Energy Global Plc, the green power generated through this project will be exclusively channelled to the company only, leading to an expected reduction of 51-kilo tonne per year in CO2 emissions.
The accomplishment further reaffirms TKM's sustained achievement of 100% Renewable Energy in grid electricity since June 2021 and will cater to additional green electricity needs for its manufacturing operations. Interestingly, TKM claims to have offset a cumulative carbon footprint of 117 kilo tonne between April 2021 and March 2023.
Sudeep S Dalvi, Senior Vice President, Director and Chief Communication Officer, Toyota Kirloskar Motor, noted that all the TKM vehicles are manufactured using green energy sources. Its green energy sourcing, which started with a mere 6% in the year 2014, now boasts of 100% achievement, he added.
In 2017-18, TKM took a significant step towards achieving self-reliance in renewable energy by installing a rooftop solar power plant and ground mount facilities with a combined capacity of 8.2 MW at its Bidadi premises. Additionally, TKM established an 18 MW Open Access installation in a dedicated solar park outside its factory premises through ReNew. These initiatives have enabled TKM to gradually increase its renewable energy procurement since FY2014, ensuring sustenance in renewable energy supply for its plant operations.
Rahula Kashyapa, Vice President, Business Development - B2B Business, ReNew, said, “ReNew is committed to being a catalyst for global energy transition toward Net Zero and will offer innovative solutions to companies to decarbonise their operations and support their climate goals.
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