Nayara Energy’s progress towards achieving its environmental protection goals is developing its second captive solar power plant in Pali, Rajasthan.
Mumbai, Nayara Energy, a downstream energy company of international stature, has strengthened its commitment to the environment through green power generation across its various operations.
The company is progressing well in plans to set up a 10 MW solar power plant at the Wadinar refinery in Gujarat. This will enable Nayara to reduce carbon dioxide emissions by around 20,000 tonnes per year. Nayara Energy advances on its environmental sustainability agenda
The company started developing a 500 kW captive solar power plant at its greenfield rail-fed fuel depot at Pali in Rajasthan late last year. The on-grid solar plant, which will become operational in March 2023, will enable Nayara to reduce its carbon footprint by curbing 730 tonnes of carbon dioxide emissions per year.
Speaking about the plans of the company Nayara Energy CEO Dr. Alois Virag said, “At Nayara we are committed to reducing our carbon footprint and increasing environmental sustainability in our operations.
In line with the Government of India’s focus on increasing the share of renewable energy in the power grid, the commissioning of our refinery and solar plants at the Pali depot will further move towards a cleaner and greener source of energy.”
The company commissioned its first 300 KV solar power plant at its Wardha depot in March, 2019. This plant will reduce carbon dioxide emissions by 550 tonnes per year. As part of an ambitious target to move towards greener sources of energy, Nayara’s franchisee has installed solar power in 300 retail outlets, generating a total of two megawatts of electricity, and plans to solar power more outlets.
In addition, the company has voluntarily afforested 175 hectares of mangroves near its Wadinar refinery and plans to increase the current mangrove coverage by 57 percent to 275 hectares by 2025. Additionally, the refinery has three lakh trees as part of Nayara’s green belt and plans to further increase this green cover by 25 percent over the next three years.
