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With India's continuous growth in economic and industrial sector, there is a surge in the demand for electricity. With this growing need, it is crucial to adopt sustainable energy methods. Here's a look at five Indian companies making significant progress in driving sustainable power capacity.
1. Jindal Aluminium
Jindal Aluminium, leading manufacturers in aluminium extruded and flat-rolled products, established a wind energy facility in Chitradurga in 1997. Out of its three manufacturing units, two are powered by renewable energy. Jindal Aluminium is setting the benchmark for the industry to follow by reducing carbon emissions and adopting renewable energy sources.
2. Tata Power
Tata power, one of India's largest power companies, has a wide range of solar, wind and hydroelectric projects. With an aim to increase its renewable energy capacity significantly, the company is also involved in community projects that promote energy conservation and environmental responsibility. Tata power with these initiatives is contributing significantly in corporate as well as social responsibility.
3. ReNew Power
ReNew Power is a key player in India's renewable energy sector. The company was founded in 2011. Since its founding, Renew Power has added more than 10 GW of renewable capacity, particularly in wind and solar energy. The company is also involved in various green infrastructure projects that use advanced technologies to improve energy efficiency and reduce greenhouse gas emissions.
4. Adani Green Energy
Adani Green Energy, a part of Adani Group, is one of India's largest renewable energy companies. Spread across the country, the company's projects are contributing significantly to India's renewable energy goals. Adani Green Energy is planning to increase its solar and wind capacity to 45 GW by 2030. Additionally, the company is focused on water conservation, waste management and community development.
5. NTPC Limited
NTPC Limited, traditionally known for coal-power generation, is now investing in renewable energy sector. Focusing on solar and wind energy, the company has set a target of adding 60 GW of renewable energy by 2032. Additionally, NTPC is exploring new technologies such as green hydrogen and carbon capture. By diversifying its energy sources, NTPC is helping reduce India's reliance on fossil fuels and promoting a cleaner, more sustainable energy future.
Conclusion
These five companies are leading the way in building India's sustainable energy capacity. Along with contributing in the country's energy security, their investments are also aiding in combating climate change. The role of these companies will be of significance in India's continual growth, ensuring that the growth is sustainable and environmentally responsible. Their efforts are setting a standard for other businesses and industries to follow, driving the nation towards a sustainable future.