+
Maruti Suzuki to invest Rs 4.50 billion in renewable energy
POWER & RENEWABLE ENERGY

Maruti Suzuki to invest Rs 4.50 billion in renewable energy

In an effort to strengthen the company's environmental sustainability initiatives and make its operations greener, Maruti Suzuki India said in a statement on Wednesday that it would be investing Rs 4.50 billion in renewable energy projects like solar power and biogas over the course of the next three years, beginning with the current fiscal year. In 2023?2024, it allocated Rs 1.20 billion to renewable energy initiatives. Utilising the firm's untapped potential of in-house food waste and Napier grass as resources, the leader in the auto industry has started production at its biogas plant at its Manesar factory in accordance with its renewable energy plan. According to the statement, the project is consistent with the "Waste to Energy" programme of the Ministry of New and Renewable Energy. The knowledge gained from this pilot project will be implemented at the company?s upcoming manufacturing facilities. By 2031, Maruti intends to increase production capacity to four million cars. The two greenfield production facilities, one in Gujarat and the other in Kharkhoda, Haryana, are now under construction. The Manesar prototype biogas plant is intended to generate 0.2 tonnes of biogas per day. About 10 million standard cubic metres of biogas are expected to be produced in 2024?2025. About 190 tonnes of CO2 will be offset annually. The business will use Napier grass and food waste from canteens as raw materials, adhering to the principles of circularity. The company's Manesar location will use energy from the prototype biogas plant for its production operations. This zero-discharge concept will be achieved by efficiently using the leftover organic manure in horticulture. In a statement, Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, mentioned that energy constitutes a crucial component in the manufacturing process. He stated that as they aim to elevate their production capacity from approximately 2 million to 4 million by 2030?31, they are also intensifying their endeavours to augment the proportion of sustainable and renewable energy sources utilised across their operations. He highlighted that this initiative aligns with Suzuki?s Environment Vision 2050 and the renewable energy emphasis of the Government of India.

In an effort to strengthen the company's environmental sustainability initiatives and make its operations greener, Maruti Suzuki India said in a statement on Wednesday that it would be investing Rs 4.50 billion in renewable energy projects like solar power and biogas over the course of the next three years, beginning with the current fiscal year. In 2023?2024, it allocated Rs 1.20 billion to renewable energy initiatives. Utilising the firm's untapped potential of in-house food waste and Napier grass as resources, the leader in the auto industry has started production at its biogas plant at its Manesar factory in accordance with its renewable energy plan. According to the statement, the project is consistent with the Waste to Energy programme of the Ministry of New and Renewable Energy. The knowledge gained from this pilot project will be implemented at the company?s upcoming manufacturing facilities. By 2031, Maruti intends to increase production capacity to four million cars. The two greenfield production facilities, one in Gujarat and the other in Kharkhoda, Haryana, are now under construction. The Manesar prototype biogas plant is intended to generate 0.2 tonnes of biogas per day. About 10 million standard cubic metres of biogas are expected to be produced in 2024?2025. About 190 tonnes of CO2 will be offset annually. The business will use Napier grass and food waste from canteens as raw materials, adhering to the principles of circularity. The company's Manesar location will use energy from the prototype biogas plant for its production operations. This zero-discharge concept will be achieved by efficiently using the leftover organic manure in horticulture. In a statement, Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, mentioned that energy constitutes a crucial component in the manufacturing process. He stated that as they aim to elevate their production capacity from approximately 2 million to 4 million by 2030?31, they are also intensifying their endeavours to augment the proportion of sustainable and renewable energy sources utilised across their operations. He highlighted that this initiative aligns with Suzuki?s Environment Vision 2050 and the renewable energy emphasis of the Government of India.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?