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Tuesday, August 18, 2020

Some Corporates in India are Moving towards Renewable Energy

Corporate (industrial and commercial sector) electricity demand accounts for about 50% of total electricity consumption in India and globally. 

Infosys, Dalmia Cement, Mahindra Holidays & Resorts and Tata Motors – are Indian-headquartered companies that have voluntarily adopted 100% renewable electricity consumption targets. 

Additionally, there are more than 40 international companies that have India presence and are moving their operations to renewable energy.

A leading company representative said in May 2020 that the prime hurdle for achieving full renewable energy for their company was the volatile policy and regulatory framework.

Companies leading the transition towards 100% renewable energy have asked to be rewarded, possibly through special policy incentives.

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