RB signs first PPA in India for 100 per cent renewable electricity plant in Mysuru.
Real Estate

RB signs first PPA in India for 100 per cent renewable electricity plant in Mysuru.

RB (erstwhile Reckitt Benckiser) has commissioned its first solar powered factory in India, in the city of Mysuru, as part of Project Greenathon. The factory meets 75 per cent of energy needs with solar energy (as in March 2018) and aims to be the first factory running on 100 per cent 'green power' in India within a couple of years. This marks RB's first power purchase agreement (PPA) in India, which forms a landmark in its sustainability journey. Notably, this initiative will enable reductions in carbon emissions by 80 per cent for the Mysuru site over the next 10 years.<br /> <br /> <span style="font-weight: bold;">Radha Mohan Gupta, Procurement Director, RB spokesperson,</span> said, 'We are proud to announce our PPA to achieve RB's first green power factory. We, at RB, have been continuously working towards achieving our sustainability targets globally. This PPA marks our first big step towards reducing emissions from our operations in India. We endeavour to use 100 per cent renewable electricity for the plant soon. We also thank the government and other stakeholders for their support in achieving this milestone. In future, we aim to replicate this successful module at our facility in Hosur.'<br /> <br /> RB India's sustainable journey started in early 2016 with searching for the right renewable energy partner to accomplish the project. Keeping in mind the scalability, low risk profile, technology and government-supporting framework, solar was found to be a suitable renewable energy option. Once this choice was made, an intensive study of the technology, policies, market research and capable suppliers was made and a framework for the project implementation strategy devised and effectively implemented. This led to a 10-year, 2.4-mw PPA signed with Amplus Energy solutions. Amplus has developed a 42-mw solar park, called Nayaka, in Chitradurga, Karnataka, which supplies energy to the Mysuru plant.<br />

RB (erstwhile Reckitt Benckiser) has commissioned its first solar powered factory in India, in the city of Mysuru, as part of Project Greenathon. The factory meets 75 per cent of energy needs with solar energy (as in March 2018) and aims to be the first factory running on 100 per cent 'green power' in India within a couple of years. This marks RB's first power purchase agreement (PPA) in India, which forms a landmark in its sustainability journey. Notably, this initiative will enable reductions in carbon emissions by 80 per cent for the Mysuru site over the next 10 years.<br /> <br /> <span style="font-weight: bold;">Radha Mohan Gupta, Procurement Director, RB spokesperson,</span> said, 'We are proud to announce our PPA to achieve RB's first green power factory. We, at RB, have been continuously working towards achieving our sustainability targets globally. This PPA marks our first big step towards reducing emissions from our operations in India. We endeavour to use 100 per cent renewable electricity for the plant soon. We also thank the government and other stakeholders for their support in achieving this milestone. In future, we aim to replicate this successful module at our facility in Hosur.'<br /> <br /> RB India's sustainable journey started in early 2016 with searching for the right renewable energy partner to accomplish the project. Keeping in mind the scalability, low risk profile, technology and government-supporting framework, solar was found to be a suitable renewable energy option. Once this choice was made, an intensive study of the technology, policies, market research and capable suppliers was made and a framework for the project implementation strategy devised and effectively implemented. This led to a 10-year, 2.4-mw PPA signed with Amplus Energy solutions. Amplus has developed a 42-mw solar park, called Nayaka, in Chitradurga, Karnataka, which supplies energy to the Mysuru plant.<br />

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