INOX Air Products (INOXAP), a manufacturer of industrial and medical gases, has partnered with TP Saurya Bandita Limited, a special-purpose vehicle of Tata Power Renewable Energy Ltd, to establish a captive solar plant in Dhule, Maharashtra. The 40MWp solar power project will fulfill the energy requirements of the Air Separation Units operated by INOXAP in the state of Maharashtra.
INOXAP has been pursuing several sustainability initiatives and environmentally friendly operations in line with the United Nations Sustainable Development Goals.
The company’s long-term strategy to reduce dependency on fossil fuels, lower the carbon footprint of the nation, and manufacture Green Medical & Industrial Gases aligns with this project’s goals.
The use of solar power from this plant will enable INOXAP to decrease its carbon footprint by 48,000 tons annually.
Siddharth Jain, Managing Director of INOX Air Products, expressed his excitement regarding this historic collaboration and stated that running the company’s operations in a sustainable and responsible manner has always been a top priority.
He added that this association is a significant move towards reducing their dependence on fossil fuels and lowering their carbon footprint. The company aims to protect the environment and ensure a greener future through its business strategy and efforts to produce Green Industrial Gases.
Ashish Khanna, CEO of Tata Power Renewable Energy Ltd, commented on the partnership, stating that they are thrilled to collaborate with INOX Air Products and use their expertise in renewable energy to build a dedicated captive solar plant in Maharashtra. This initiative confirms their position as one of the best companies to collaborate with for green energy needs, and they look forward to a long and sustainable relationship with INOX.