NOX Air Products (INOXAP), a manufacturer of industrial and medical gases, has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up a captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of 40MWp, would cater to the energy needs of the Air Separation Units operated by INOXAP in the state of Maharashtra.
This project aligns with INOX Air Products’ long-term strategy to reduce dependency on fossil fuels, lower the carbon footprint of the nation, and manufacture green medical and industrial gases. The use of solar power from this plant would allow INOXAP to reduce its carbon footprint by 48,000 tons annually.
Siddharth Jain, Managing Director, INOX Air Products, running operations in a sustainable and responsible fashion has always been a top priority at INOXAP. This is a significant step towards the company’s long-term strategy to reduce dependency on fossil fuels and lower carbon footprint by 48,000 tons. INOX Air Products have always endeavoured to live its vision through the business strategy and efforts to protect the environment and ensure a greener future, and that is what has inspired them to make green industrial gases. INOX looks forward to making the most of this association, and fetching maximum benefits, for the environment as well as for its stakeholders.
Ashish Khanna, CEO, Tata Power Renewable Energy Ltd, is delighted to partner with INOX Air Products and leverage its expertise in renewable energy to create a dedicated captive solar plant in Maharashtra. This consolidates Tata Power’s position as one of the best companies to partner with, for green energy needs and they are looking forward to a long and sustainable relationship with INOX.