Schwing Stetter India Installs 1 MW Solar Power Unit in TN

By By Rediff Money Desk, CHENNAI
Apr 03, 2024 18:18
Schwing Stetter India has installed a 1 MW solar power system in Tamil Nadu, contributing to the Ministry of New and Renewable Energy's plan to double solar capacity by 2026. The company aims to achieve carbon neutrality at its manufacturing hub.
Photograph: PTI Photo
Chennai, Apr 3 (PTI) Leading construction and concrete equipment manufacturer Schwing Stetter India has installed its 1 MW solar power system in Tamil Nadu as part of its vision to achieve carbon neutrality at the facility, the company said on Wednesday.


Schwing Stetter has its manufacturing hub in Cheyyar around 120 km west of Chennai in Tiruvannamalai district and the initiative by the company to tap alternate energy contributes to the Ministry of New and Renewable Energy plan of doubling the annual solar capacity by 2026-end, a company statement said here.


"Schwing has reaffirmed its dedication to sustainability with green initiatives by building a renewable energy infrastructure onsite and by committing to further expand their reliance on green energy to power their operations," said company Chairman and Managing Director V G Sakthikumar after inaugurating the 1MW solar power system recently.


"Our initiatives are majorly focused on carbon neutrality, energy transition, circularity, and eco-friendly operations," he added.
Read More On:
tamil nadurenewable energycarbon neutralitysolar powerschwing stetter india
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Indian Textile Sector: RE Adoption & Challenges

Renewable energy adoption rises in Indian textile industry, but energy intensity...

India EV Battery Demand to Rise to 256.3 GWh by...

India''s EV battery market to surge to 256.3 GWh by 2032, driven by rising fuel prices,...

India Drone & Space Tech Boom: 2 Lakh Jobs by 2033

India's aerospace, drone, and space tech industry to reach $44B by 2033, creating 2...

India Auto Sales Surge: Passenger Vehicles Up...

Passenger vehicle dispatches in India jumped 19% YoY in November, driven by strong...

Passenger Vehicle Sales Up 19% in November: SIAM

Passenger vehicle dispatches rose 19% YoY in November, driven by robust post-festive...

Sensex Jumps 400 Points: Stock Market Rally

Stock markets rally in early trade. Sensex jumps over 400 points, Nifty surges. Key...

ICICI Prudential AMC IPO Opens Friday

ICICI Prudential AMC raises Rs 3,022 Cr from anchor investors. IPO opens Dec 12. Price...

AWS Invests $7B in Telangana Data Center Expansion

AWS to invest USD 7 billion in Telangana for data center expansion over 14 years. Boost...

Cyber Attacks Surge Post Operation Sindoor

Cyber attacks on government networks surged 7x after Operation Sindoor. NICSI MD...

RBI Injects Liquidity via OMO Purchase

RBI injects Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com