Business Update28 Oct 2024, 08:27 pm
Lords Chloro Alkali Ltd. Commissions 16 MW Solar Power Plant in Bikaner
AI Summary
Lords Chloro Alkali Ltd., a leading Indian chemical manufacturer, has announced the successful commissioning of its 16 MW DC solar power plant in Bikaner. The plant, spread over 45 acres, is expected to generate 20 lakh units of electricity per month, reducing CO2 emissions by 17,200 tons annually, equivalent to planting 8,47,500 trees each year. The initiative is a significant step towards sustainable manufacturing and is expected to save the company Rs. 1 crore per month against grid electricity costs. The management has expressed its commitment to further invest in renewable energy and become the first Indian Green Caustic Soda and other varied chemicals manufacturer.
Key Highlights
- 16 MW DC solar power plant commissioned in Bikaner
- Expected to generate 20 lakh units of electricity per month
- Annual CO2 emission reduction of 17,200 tons
- Equivalent to planting 8,47,500 trees each year
- Expected monthly savings of Rs. 1 crore against grid electricity costs