New Launch4 Jun 2025, 10:18 am
Maruti Suzuki Expands Solar Capacity by 30MWp with New Projects at Kharkhoda and Manesar
AI Summary
Maruti Suzuki India Limited (MSIL) has announced the expansion of its solar capacity by 30MWp with two new projects. A 20MWp solar power project has been commissioned at the new facility in Kharkhoda, Haryana, and another 10MWp solar capacity has been added to the Manesar facility. This brings MSIL's total solar capacity across its locations to 79MWp. The Company is also increasing the share of green power sourced from State Electricity Boards for its consumption. By FY2030-31, MSIL plans to reach 319MWp of solar capacity, backed by an investment of over INR 925 crore. The share of renewable source of energy in total electricity consumption is expected to reach nearly 85% by FY2030-31.
Key Highlights
- Maruti Suzuki India Limited (MSIL) expands solar capacity by 30MWp with new projects at Kharkhoda and Manesar
- A 20MWp solar power project commissioned at the new Kharkhoda facility and 10MWp added at the Company’s Manesar facility
- By FY2030-31: Company targets to increase its overall solar capacity to 319MWp, earmarks investment of over INR 925 crore
- Share of renewable sources of energy in total electricity consumption to reach 85% by FY2030-31