Gateway Terminals India Pvt. Ltd., commonly known as APM Terminals Mumbai, has solidified its reputation as one of India’s most efficient terminals with a new sustainability initiative. The terminal has entered into a collaborative agreement with O2 Power to bolster its efforts in reducing carbon emissions.
Under this agreement, APM Terminals Mumbai is set to establish a captive solar power plant in partnership with O2 Power. This solar facility boasts a substantial capacity, capable of generating 22 million kWh of electricity annually. It is anticipated to cover a remarkable 80% of the terminal’s electricity demands and concurrently slash its carbon footprint by an impressive 44%, equivalent to 15,092 CO2 tonnes.
Mr. Sunay Mukerjee, the Chief Operating Officer of GTI, expressed his enthusiasm for the power purchase agreement with O2 Power, emphasizing the company’s unwavering commitment to environmental responsibility. He characterized this agreement as a pivotal advancement in their journey towards decarbonization.
Mr. Parag Sharma, CEO and Founder of O2 Power, highlighted the significance of partnering with GTI, a subsidiary of APM Terminals, one of the world’s largest terminal operators. The agreement leverages an intra-state open access structure, enabling the supply of captive power to GTI from O2 Power’s solar facilities in Maharashtra. This strategic move is poised to revolutionize GTI’s supply-chain operations, aligning them with green and sustainable practices. Mr. Sharma underscored O2 Power’s dedication to supporting India’s Green Ports initiative by offering tailor-made green-energy solutions designed to meet the maritime industry’s comprehensive requirements.
A Global Commitment to Decarbonization APM Terminals Mumbai is actively implementing multiple initiatives to diminish its carbon footprint and aligns itself with the objectives outlined in the Harit Sagar Guidelines. Furthermore, APM Terminals, at a global level, has made an industry-leading commitment to achieving full net-zero emissions by 2040. Additionally, the company is steadfast in its resolve to reduce total emissions by 70% by 2030 compared to 2020 levels. This substantial commitment reflects APM Terminals’ dedication to sustainability on a global scale.