Schwing Stetter installs 1MW solar power system at its manufacturing hub
POWER & RENEWABLE ENERGY

Schwing Stetter installs 1MW solar power system at its manufacturing hub

Schwing Stetter India, one of the country?s leading construction and concreting equipment manufacturers, has recently installed a 1MW solar power system in their Global manufacturing hub in Cheyyar. The facility was inaugurated by VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India.

Through this mode of energy production, the company aims to make the facility carbon neutral shortly- as the facility can generate 14 lakh kWh of electricity and fulfills 20% of its total annual power needs. With Schwing's global manufacturing hub having an enormous potential to manufacture 14,000 machines annually, this endeavour reflects Schwing?s commitment to sustainability. This initiative is also contributing to the Ministry of New and renewable energy plan of doubling the annual solar capacity by the end of 2026.

Commenting on Schwing?s commitment towards sustainability and energy conservation measures, VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India, ?Our operations are fuelled by a sense of obligation towards the environment and the government?s green energy goals. Schwing has reaffirmed its dedication to sustainability with green initiatives by building a renewable energy infrastructure onsite and by committing to further expand their reliance on green energy to power their operations. Our initiatives are majorly focused on carbon neutrality, energy transition, circularity, and eco-friendly operations.?

Last year, to celebrate Schwing?s 25th anniversary and to promote carbon neutrality, the company planted 2,50,000 saplings across the country.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Schwing Stetter India, one of the country?s leading construction and concreting equipment manufacturers, has recently installed a 1MW solar power system in their Global manufacturing hub in Cheyyar. The facility was inaugurated by VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India. Through this mode of energy production, the company aims to make the facility carbon neutral shortly- as the facility can generate 14 lakh kWh of electricity and fulfills 20% of its total annual power needs. With Schwing's global manufacturing hub having an enormous potential to manufacture 14,000 machines annually, this endeavour reflects Schwing?s commitment to sustainability. This initiative is also contributing to the Ministry of New and renewable energy plan of doubling the annual solar capacity by the end of 2026. Commenting on Schwing?s commitment towards sustainability and energy conservation measures, VG Sakthikumar, Chairman & Managing Director of Schwing Stetter India, ?Our operations are fuelled by a sense of obligation towards the environment and the government?s green energy goals. Schwing has reaffirmed its dedication to sustainability with green initiatives by building a renewable energy infrastructure onsite and by committing to further expand their reliance on green energy to power their operations. Our initiatives are majorly focused on carbon neutrality, energy transition, circularity, and eco-friendly operations.? Last year, to celebrate Schwing?s 25th anniversary and to promote carbon neutrality, the company planted 2,50,000 saplings across the country.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement