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
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?