STOCK MARKET BSE NSE

Over 43 per cent of electricity needs met through renewable energy: Infosys

As per Infosys' 11th Annual Sustainability Report, 43.7 per cent of the company's electricity requirements -- equating to more than 100 million units -- is sourced from renewable sources.

Published: 19th June 2018 04:52 PM  |   Last Updated: 19th June 2018 04:52 PM   |  A+A-

Infosys has installed capacity of 46.1 megawatt (MW) of solar energy across India.

By PTI

NEW DELHI: Infosys, India's second-largest software services firm, saw over 43 per cent of its electricity requirements being met through renewable energy sources during 2017-18, a report today said.

As per Infosys' 11th Annual Sustainability Report, 43.7 per cent of the company's electricity requirements -- equating to more than 100 million units -- is sourced from renewable sources.

The Bengaluru-based company has an installed capacity of 46.1 megawatt (MW) of solar energy across the country, it added.

"During fiscal 2018, 109.7 million units of our overall energy requirement came from green power. Out of this, 22.8 million units of electricity was produced from solar photovoltaic (PV) in our campuses," the report said.

The company said that it is in the process of adding another 12 MW off-site solar power plant in Karnataka and around 7 MW of on-site solar plants in Hyderabad, Bengaluru, Mangaluru, Mysuru, Thiruvananthapuram and Chandigarh campuses.

"In 2017-18, we have installed 1 MW capacity of rooftop solar in Pune, Chennai and Hyderabad, and a 30 MW solar farm in Sira in Karnataka," the report noted.

In 2015, the Bengaluru-based firm had joined RE100, a global platform for major companies like IKEA, Swiss Re, BT, Formula E, H&M, Mars, Nestle and Philips, that are committed to 100 per cent renewable power.

"We are committed to a strategy to use renewable energy on our campuses. We are also a signatory to the global RE100 initiative. Our efforts included aggressive targets to reduce consumption and switch to renewable energy resources for our business operations," the report said.

More from Business.
TAGS
Infosys

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp