Bengaluru, NFAPost: Toyota Kirloskar Motor (TKM) reinforcing its commitment to the ‘Global Environmental Challenges 2050’, inaugurated the 27.2 MW Group Captive Solar and Wind Renewable Energy Project, which is established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka.
Commencing today, the green power generated through this project will be exclusively channelled to TKM, leading to an expected reduction of 51 kilo ton/year in CO2 emissions.
The event was graced by the representatives from Toyota Kirloskar Motor Senior Vice President, Director and Chief Communication Officer Sudeep S. Dalvi and ReNew Vice President, Business Development – B2B Business, Rahula Kashyapa along with the other executives from both the companies.
This latest accomplishment further reaffirms TKM’s sustained achievement of 100% Renewable Energy in grid electricity since June 2021. By offsetting a cumulative carbon footprint of 117 kilo tons between April 2021 and March 2023, TKM has demonstrated its strong commitment to conserve the ecosystem throughout the entire life cycle of its products, manufacturing operations, and services. Today’s significant milestone marks Toyota’s continued dedication to enhance its renewable energy use, aimed at realising ‘Carbon Neutrality’.
In 2017-18, TKM took a significant step towards achieving self-reliance in renewable energy by installing a rooftop solar power plant and ground mount facilities with a combined capacity of 8.2 MW at its Bidadi premises. Additionally, TKM established an 18 MW Open Access installation in a dedicated solar park outside its factory premises through ReNew. These initiatives have enabled TKM to gradually increase its renewable energy procurement since FY2014, ensuring sustenance in renewable energy supply for its plant operations.
With the inauguration of the 27.2 MW Group Captive Solar and Wind Renewable Energy Project, TKM’s total cumulative green energy adoption is 53.4 MW. By adopting such green initiatives, TKM is strongly focused to achieve ‘Net Zero Carbon Emission in Manufacturing’ much before its global target timeline of 2035, further solidifying its position as a leader in sustainable business practices.
