Godrej & Boyce sharpens focus on renewable energy

 

Godrej Electricals & Electronics (E&E), a business division of Godrej & Boyce, has announced that is strengthening India’s energy sector with an emphasis on renewable energy.

Accordingly, Godrej Electricals & Electronics has set a 30 per cent compound annual growth rate (CAGR) target for its renewable energy portfolio over the next three years. With the commitment towards energy efficiency, Godrej Electricals & Electronics is aiming for 50 mw to 100 mw solar projects per year.

In the line of electrification, Godrej E&E Division’s Power Infrastructure Unit has commissioned more than 25 substations and 300 km of transmission lines of up to 400kV. The project has electrified around 16 lakh households covering 20,000 villages and 56 urban towns across India, in addition to installing millions of solar panels to generate clean power.

Moreover, the business is currently working on an 85-mw ground-mounted solar project for a state power generation utility, which includes developing the entire infrastructure for power evacuation.

 

Reimagining sustainability

According to Raghavendra Mirji, Senior Vice President & Business Head, Godrej Electricals & Electronics, Godrej & Boyce says, “At Godrej & Boyce, we are committed to reimagining sustainability. Ensuring we have access to reliable, clean energy will help us realize that vision as we significantly aim to reduce our global carbon footprint. The renewable energy portfolio is one of the key development areas that we’ve identified in our strategic business plan. With a vision to promote Energy conservation in India, we are aiming to contribute to renewable energy and EHV infrastructure required for the Evacuation of Renewable Energy. We hope to expand our reach to smaller towns in India to improve the quality of power transmission for future generations.”

Also read:Raghavendra Mirji, Senior Vice President, Godrej Electricals & Electronics

India’s RE goals

By 2030, India aims to have 500 GW of non-fossil energy capacity and cover 50 per cent of its energy requirements using renewable energy.  Against this backdrop, the Energy Conservation (Amendment) Bill was tabled in Lok Sabha to lower India’s carbon emissions by increasing the country’s demand for renewable energy.

 

Featured photograph shows a manufacturing/fabrication facility of Godrej & Boyce, at Dahej in Gujarat.