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Maruti commissions 1 MW solar plant at Manesar
Source: IRIS | 19 Jun, 2014, 11.26AM
Rating: NAN / 5 stars.
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Car market leader Maruti Suzuki India commissioned it's 1 MW mono-crystalline photovoltaic solar power plant at its Manesar facility this month.

The built with an investment of Rs 103 million, the 1MW photovoltaic solar power plant will help the Company offset CO2 emissions to the tune of over 1200 tonnes annually.
 
On the initiative, Rajiv Gandhi, executive director, (plant), Maruti Suzuki said, "With the launch of 1MW photovoltaic solar power plant, Maruti Suzuki has taken the first step to harness renewable solar energy. The initiative is in line with the company's philosophy of adopting environment friendly technologies that may have high upfront costs, but help bring down CO2 emissions. Solar energy is abundant, versatile and efficient. Through this solar facility the company will be able to contribute towards environment. Going forward, the company is committed to expand its environment care initiatives."

Maruti Suzuki's solar power plant at Manesar consists of about 4,000 mono-crystalline panels. The power generated from the solar plant is synchronized with the natural gas based captive power plant and is used to complement the power requirement in the facility.

Shares of the company declined Rs 5, or 0.21%, to trade at Rs 2,399. The total volume of shares traded was 13,978 at the BSE (11.19 a.m., Thursday).

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