Maruti Suzuki Invests Rs 450 Crore In Renewables

Maruti Suzuki India aligns with MNRE, invests Rs 450 crore in renewable energy, launching a pilot Biogas plant at its Manesar facility to reduce the emission of CO2 190 tonnes annually.

Maruti Suzuki India Limited (MSIL) plans to invest INR 450 crores over the next three years, starting from FY 2024-25, to enhance its environmental sustainability initiatives. In FY 2023-2024 the company invested INR 120.8 crore in renewable energy projects, including solar power and biogas. 

As part of this multi-crore investment, MSIL has recently launched a pilot Biogas plant at its Manesar facility for the fiscal year 2024-25. The project aligns with the Ministry of New and Renewable Energy’s ‘Waste to Energy’ program, utilizing in-house food waste and Napier grass as resources for biogas production. 

The pilot plant is expected to generate 0.2 tons of biogas daily, with an anticipated output of around 1 lac standard cubic meters of biogas in FY 2024-25, offsetting approximately 190 tonnes of CO2 per annum.

Mr. Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, emphasized the company’s commitment to sustainable practices, stating their production capacity from around 2 million to 4 million by 2030-31. He also highlights their efforts to increase the share of sustainable and renewable energy sources across our operations. 

- Advertisement -

The INR 450 crore investment over the next three years underscores our dedication to fostering a cleaner and more sustainable energy landscape at MSIL and the industry at large. He also added that the substantial financial allocation towards renewable energy initiatives demonstrates MSIL’s proactive approach to addressing environmental concerns and reducing its carbon footprint. 

Furthermore, Maruti’s strategic investments in its existing and upcoming facilities also ensure environmental sustainability by optimizing energy consumption, integrating renewable energy sources, implementing efficient waste management protocols, and conserving water resources.

The company reveals that Suzuki Motor Corporation is increasing its solar capacity at Manesar and Kharkhoda factories to embrace green manufacturing practices. With a current solar capacity of 43.2 MWp, it plans to add 15 MWp to the Manesar plant and 20 MWp to the upcoming Kharkhoda plant by FY 2025-2026, aiming for a total capacity of 78.2. These efforts align with the United Nations Sustainable Development goal.

- Advertisement -
Loading form…

Industry's Buzz

thyssenkrupp

Thyssenkrupp Automotive Launches Pune GCC

0
The German mobility giant expands its Indian engineering footprint with a new hub dedicated to software-defined vehicles and advanced chassis systems. Thyssenkrupp Automotive Technology has...

Micron Introduces Global Profit-Linked Bonus Scheme from FY27

0
The US memory-chip giant acts following trade union pressure in Taiwan to share record gains from the artificial intelligence boom.  US memory-chip manufacturer Micron Technology...
FICCI

FICCI Identifies Electronics as a Priority for India–Germany Cooperation

0
FICCI identifies electronics and advanced manufacturing as key areas for German investment in India, with potential for stronger manufacturing partnerships and integrated supply chains...
APT Electronics

APT Electronics Outsources Two Automotive Vision Operations to Geely

0
APT Electronics plans to extend its automotive vision supply agreements with Geely through 2029 and outsource operations at two subsidiaries to improve efficiency, product...

US Allocates $389M in R&D Grants for Power Semiconductors

0
Federal funding targets four technology firms to advance next-generation semiconductor materials and fusion power applications. The US Commerce Department has announced plans to award $389...

Learn From Leaders

Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

0
In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

Startups

Pranay Rebala, Vice President of Product, BluJ Aerospace

“Rather Than Waiting For The Technology To Mature, We Are Ready For The Next...

0
Can battery-electric and hydrogen propulsion coexist in future VTOL aircraft? BluJ Aerospace sees complementary roles for both, with batteries powering shorter-range flights and hydrogen...

UST Selects 19 Startups for D3 Startup Challenge 2026 in Bengaluru

0
The programme is designed to identify technologies that address business challenges, assess their practical applications and determine their potential to scale UST, an AI and...

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...