Latest news with #GroupCaptiveOpenAccessPolicy
News18
18-07-2025
- Business
- News18
Texmaco Rail commissions 10-MW solar plant in Raipur
Agency: PTI Kolkata, Jul 18 (PTI) Texmaco Rail & Engineering Ltd has commissioned a 10-MW captive solar power plant at its Raipur facility in Chhattisgarh, as part of its broader green energy transition, the company said on Friday. The project, developed in partnership with AMP Energy India, marks a key milestone in Texmaco's sustainability roadmap, it said. The plant will supply over 15 million units of clean energy annually to Texmaco's Raipur operations, helping reduce over 12,000 tonnes of carbon dioxide emissions each year, it said in a statement. 'This is not just a sustainability checkbox; it's a forward-looking step towards redefining how Indian industry powers its future," said Indrajit Mookerjee, Vice Chairman & Executive Director, Texmaco Rail. The plant has been executed under the Group Captive Open Access Policy, offering Texmaco greater control over its power supply, cost savings of 30-40 per cent, and reduced grid dependency. 'Responsible manufacturing is no longer optional. This initiative reflects our commitment to ESG principles and positions Texmaco as a leader in clean energy transition within the manufacturing sector," he said. PTI BSM RBT Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
18-07-2025
- Business
- Time of India
Texmaco Rail commissions 10-MW solar plant in Raipur
Texmaco Rail & Engineering Ltd has commissioned a 10-MW captive solar power plant at its Raipur facility in Chhattisgarh, as part of its broader green energy transition , the company said on Friday. The project, developed in partnership with AMP Energy India , marks a key milestone in Texmaco's sustainability roadmap , it said. The plant will supply over 15 million units of clean energy annually to Texmaco's Raipur operations, helping reduce over 12,000 tonnes of carbon dioxide emissions each year, it said in a statement. "This is not just a sustainability checkbox; it's a forward-looking step towards redefining how Indian industry powers its future," said Indrajit Mookerjee, Vice Chairman & Executive Director, Texmaco Rail. The plant has been executed under the Group Captive Open Access Policy, offering Texmaco greater control over its power supply, cost savings of 30-40 per cent, and reduced grid dependency. "Responsible manufacturing is no longer optional. This initiative reflects our commitment to ESG principles and positions Texmaco as a leader in clean energy transition within the manufacturing sector," he said.
