ITC launches offsite solar plant at Rs 76 cr in Tamil Nadu

30 Dec 2021 CW Team

ITC Limited has commissioned its first offsite solar plant in Dindigul, Tamil Nadu, with a Rs 76 crore investment. The solar plant of 14.9 MW will help in reducing carbon dioxide emissions.

The solar project is following the Chairman of ITC Sanjiv Puri's Sustainability 2.0 Vision to meet the requirement of grid electricity from renewable energy sources by 2030.

Other renewable energy projects, including biomass boilers, are also underway.

ITC told the media that it has a renewable energy portfolio of 138 MW of wind power plants and 14 MW of solar power plants with 53 MW of additional solar capacity are under execution.

ITC has invested around Rs 1,000 crore in renewable energy assets. The generated renewable energy is used in the company's 20 factories, nine hotels and six office buildings across India.

The Dindigul solar power plant is spread across 59 acres of area. It will generate more than 22 million units of renewable power every year for ITC hotels, food manufacturing plants, paper manufacturing units and printing and packing factories in Tamil Nadu.

The company said that it focuses on large-scale investments in renewable energy assets as it is an integral part of the company's low carbon strategy towards the target of a net-zero economy.

The company has a target of a 50% reduction in specific emissions and a 30% reduction in specific energy consumption by 2030 from its 2014-15 baseline.

Image Source

Also read: Rooftop solar projects CFA to be calculated as per revised GST rates

Also read: Durgapur Projects invites bids for 7 MW ground-mounted solar project

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..