As a responsible corporate contributing to India's transition to a low-carbon economy, energy is a key focus area in our strategy for mitigation of climate change risks. Over the years, we have been investing in renewable energy projects for both renewable electricity and renewable thermal requirements.
ITC's renewable energy sources include:
Overall installed capacity of 205 MW of Renewable Energy assets across India
We have scaled up our renewable energy use in line with the growth of our operations. This has been driven by investments in augmentation of renewable energy assets such as onsite solar and offsite solar/wind projects to meet the electrical energy demand as well as substantial investments in innovative green boilers in paper mills and use of biomass boilers to meet the thermal energy demand.
Biomass
We have progressively replaced fossil fuel-fired boilers with biomass boilers for thermal energy generation. Adoption of biomass boilers in our Foods factories have also been accelerated. We have also commissioned a state-of-the-art High-Pressure Recovery Boiler at our Bhadrachalam paper mill, replacing conventional soda recovery boilers, thereby contributing towards reducing carbon footprint through lower coal consumption.
Solar Energy
Four solar projects have been implemented, beginning with our first offsite solar power plant in Tamil Nadu in 2021. This was followed by the commissioning of additional offsite solar power plants - one in Uttar Pradesh and two in Karnataka. Moreover, we have installed rooftop solar power units at various locations, including Ambernath, Hyderabad, Trichy, Kapurthala, Ranjangaon, Munger, and other factories.
Wind Energy
ITC has invested in wind energy to increase its share of renewable energy. Interventions include continued wheeling of wind energy through interstate open access. The Company has installed windmills in Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra.