ITC Commissions Second Offsite Solar Plant in Karnataka

ITC Ltd. has commissioned a 9.45 MW offsite solar plant in Davangere, Karnataka. This is ITC’s fourth solar plant in India, advancing the company's goal to meet 100 percent of its electricity needs from renewable sources by 2030.

October 18, 2024. By EI News Network

ITC Ltd. has commissioned its second offsite solar plant in Karnataka, with a capacity of 9.45 MW. Located in the Davangere district, this marks ITC’s fourth offsite solar plant in India, complementing existing installations in Tamil Nadu, Uttar Pradesh, and Karnataka.

The new solar plant is a significant step toward ITC’s ambitious Sustainability 2.0 Vision, which aims to meet 100 percent of the company's electricity requirements from renewable sources by 2030. In the 2023-24 financial year, over 50 percent of ITC’s total energy needs, including both electrical and thermal energy, were already being met through renewable sources such as solar, wind, and biomass.

The Davangere solar plant is expected to generate approximately 15 million units of green energy annually. This energy will support ITC’s various operations across Karnataka, including hotels like ITC Gardenia and ITC Windsor in Bangalore, as well as the ITC Life Sciences and Technology Centre—the company’s R&D facility. In addition, it will provide power to food manufacturing units in Mysore and Malur, an agri-product processing factory, warehousing, logistics facilities, and the ITC Green Centre in Bangalore.

Sivakumar Group Head of Agri, IT Business, and Sustainability at ITC Ltd, emphasised the company’s commitment to expanding its renewable energy footprint. “In line with ITC’s Sustainability 2.0 Vision, it has been our endeavour to accelerate efforts in decarbonisation. Expanding our renewable energy footprint has been one of the key pillars of our low-carbon growth strategy," he said.

ITC currently has over 200 MW of renewable electricity capacity across its solar and wind power plants and is progressing with offsite solar projects in several states.

This latest addition in Davangere reinforces ITC’s strategy of leveraging renewable energy to not only reduce its carbon footprint but also enhance energy security for its facilities across India, supporting the nation’s broader renewable energy ambitions.

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