Maruti Suzuki Lines Up Rs 925 Cr to Ramp Up Solar Capacity By FY31, Check Details
10 Articles
10 Articles
Maruti to invest Rs 925 crore to scale captive solar power
Maruti Suzuki to invest over Rs 925 crore to boost solar power capacity to 319MWp by FY31. Recent additions at Kharkhoda and Manesar raise total to 79MWp. Company targets 85% renewable energy share in operations, aligning with India’s clean energy goals and Suzuki’s Environment Vision 2050.
M&M emerges as top auto pick with EV and SUV momentum: Chakri Lokapriya
India's solar sector is experiencing a surge, driven by decreasing panel prices, prompting industries like Maruti to adopt solar power, reducing long-term costs. Despite potential export revenue margin pressures and reduced government subsidies post-Trump era, India is significantly expanding its solar capacity. Among automakers, M&M presents a strong investment opportunity due to its diverse product range and upcoming EV models.
Maruti Suzuki expands solar capacity in India - News Today
Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects. The automaker commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility. With these additions, MSIL’s total solar capacity across its location…
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