Nemam, July 8, 2019:Hindustan Coca-Cola Beverages (HCCB) - one of India’s largest FMCG companies – has entered into a Wind Power Purchase agreement for supply of 3.8 million units per annum for one of its factories situated at Nemam near Chennai under 3rd party mechanism. The new power purchase agreement will now enable the HCCB factory to meet around 40% of its total electricity requirement from renewable sources.
The agreement is in line with the Company’s sustainability goal to achieve 50% of its energy requirements across all factories through renewable energy sources by 2020. In what could be termed as the first such arrangement, the factory would source the electricity from the wind mill, which will be operated and maintained by a third party. Among other things the wind mill helps reduce carbon footprint since it generate power from wind with no carbon emissions and helps conserve water and fossils fuel which used to generate power by thermal power plant
“The Nemam factory is now a ‘Model Factory’ for the company’s operations across the country”, said Dinesh Jadhav, Executive Director, Supply Chain, HCCB Pvt Ltd. He further added, “We remain committed to increasingly enhance the use of renewable sources of energy in all our factories in phases."
From embracing wind power to adopting energy efficient technology and replacing conventional bulbs and light sources in factories by LED lights, HCCB’s commitment to sustainability goes beyond aligning with natural forces. Using more renewable energy to power the plants enables HCCB to reduce carbon footprint.
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