As part of our Renewable Energy strategy ‘RE36’, we had set ourselves a target of sourcing 36% of the total electricity consumption at decorative paint factories through renewable sources by 2020. We have made rapid strides this year to improve our Renewable Energy (RE) footprint from 35% last year to 54% in FY2018-19.
This was achieved by active investment in upgrading our RE infrastructure by commissioning new roof-top solar & windmill projects during the year, taking our total installed capacity of RE to 26.16 MW.
We started our new greenfield factories at Mysore and Vizag with RE50. As the availability for using clean energy increased, two of our factories Sriperumbudur and Ankleshwar reached the 100% RE mark in a few months of FY 2018-19.
Installed capacity location wise