Maruti Suzuki Invests Rs 450 Crore In Renewables

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Maruti Suzuki India aligns with MNRE, invests Rs 450 crore in renewable energy, launching a pilot Biogas plant at its Manesar facility to reduce the emission of CO2 190 tonnes annually.

Maruti Suzuki India Limited (MSIL) plans to invest INR 450 crores over the next three years, starting from FY 2024-25, to enhance its environmental sustainability initiatives. In FY 2023-2024 the company invested INR 120.8 crore in renewable energy projects, including solar power and biogas. 

As part of this multi-crore investment, MSIL has recently launched a pilot Biogas plant at its Manesar facility for the fiscal year 2024-25. The project aligns with the Ministry of New and Renewable Energy’s ‘Waste to Energy’ program, utilizing in-house food waste and Napier grass as resources for biogas production. 

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The pilot plant is expected to generate 0.2 tons of biogas daily, with an anticipated output of around 1 lac standard cubic meters of biogas in FY 2024-25, offsetting approximately 190 tonnes of CO2 per annum.

Mr. Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, emphasized the company’s commitment to sustainable practices, stating their production capacity from around 2 million to 4 million by 2030-31. He also highlights their efforts to increase the share of sustainable and renewable energy sources across our operations. 

The INR 450 crore investment over the next three years underscores our dedication to fostering a cleaner and more sustainable energy landscape at MSIL and the industry at large. He also added that the substantial financial allocation towards renewable energy initiatives demonstrates MSIL’s proactive approach to addressing environmental concerns and reducing its carbon footprint. 

Furthermore, Maruti’s strategic investments in its existing and upcoming facilities also ensure environmental sustainability by optimizing energy consumption, integrating renewable energy sources, implementing efficient waste management protocols, and conserving water resources.

The company reveals that Suzuki Motor Corporation is increasing its solar capacity at Manesar and Kharkhoda factories to embrace green manufacturing practices. With a current solar capacity of 43.2 MWp, it plans to add 15 MWp to the Manesar plant and 20 MWp to the upcoming Kharkhoda plant by FY 2025-2026, aiming for a total capacity of 78.2. These efforts align with the United Nations Sustainable Development goal.

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