Nayara Energy Limited, an Indo Russian downstream oil company, based in Mumbai (India), said Tuesday that its solar power plants, which will reduce carbon emissions, are on track.
It said that the company was making good progress in its plans to build a 10 MW solar power plant at Vadinar’s Gujarat refinery. This will help Nayara reduce approximately 20,000 tonnes CO2 emissions each year.
It also started that the construction of a 500-kW captive solar power station at Pali, Rajasthan’s greenfield rail-fed fuel depot is initiated. The on-grid solar power plant, which is scheduled for commissioning in March 2023 by Nayara, will reduce Nayara’s carbon footprint and prevent 730 tonnes CO2 emissions each year, it added.
The company operates a 20 million-tonne-a-year oil refinery in Vadinar, Gujarat. It also has more than 6,500 petrol pumps all over the country.
Alois Virag (CEO, Nayara Energy) spoke out about the plans of the company. The commissioning of the refinery and Pali depot solar plants will be a step forward in our transition to cleaner, greener energy sources. This is in line with the government of India’s goal of increasing penetration of renewable power into the Power Grid. In March 2019, Nayara installed its first 300 kVA Solar Power Plant at its Wardha depot, Maharashtra. This plant reduces CO2 emissions by 550 tonnes annually
Its franchisees have converted 300 retail outlets to solar power, constituting a total of 2 MW power generation, as part of the overall objective to shift to greener energy sources.
The company also managed to plant 175 hectares in voluntary mangrove forestation near its Vadinar refinery. It plans to increase this mangrove cover by 57% to 275 ha by 2025. Nayara has approximately 3,00,000. Trees are also part of its green belt. The company plans to increase this green cover by 25 percent over the next three years.