O2 Power to Provide 10.65 MW Captive Solar Power to APM Terminals

O2 Power to Power Captive Solar Power to APM Terminals

Independent Power Producer O2 Power has joined hands with Gateway Terminals India Private Limited (the Indian subsidiary of APM Terminals, one of the world’s leading terminal companies) to supply 10.65 MW worth of captive solar power from its plants in Maharashtra.

The plant boasts capacity to produce 22 million kWh of electricity per year. It will help meet 80% of the terminal’s power needs while also curbing carbon footprint by 44% (15,092 CO2t).

Said Sunay Mukerjee, COO of GTI, “I am delighted to ink this power purchase agreement with O2 Power. By signing this agreement, we reaffirm our commitment to the environment and community. The power agreement marks a significant step forward in our decarbonisation journey.”

Parag Sharma, Founder and CEO, O2 Power, said, “𝑃𝑎𝑟𝑡𝑛𝑒𝑟𝑖𝑛𝑔 𝑤𝑖𝑡ℎ 𝐺𝑎𝑡𝑒𝑤𝑎𝑦 𝑇𝑒𝑟𝑚𝑖𝑛𝑎𝑙𝑠, 𝑡ℎ𝑒 𝐼𝑛𝑑𝑖𝑎𝑛 𝑎𝑟𝑚 𝑜𝑓 𝐴𝑃𝑀 𝑇𝑒𝑟𝑚𝑖𝑛𝑎𝑙𝑠, 𝑜𝑛𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑡𝑒𝑟𝑚𝑖𝑛𝑎𝑙 𝑐𝑜𝑚𝑝𝑎𝑛𝑖𝑒𝑠 𝑖𝑛 𝑡ℎ𝑒 𝑔𝑙𝑜𝑏𝑒, 𝑤𝑖𝑙𝑙 𝑏𝑒 𝑎 𝑠𝑖𝑔𝑛𝑖𝑓𝑖𝑐𝑎𝑛𝑡 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛 𝑡𝑜 𝑜𝑢𝑟 𝑠ℎ𝑖𝑝𝑝𝑖𝑛𝑔 𝑎𝑛𝑑 𝑙𝑜𝑔𝑖𝑠𝑡𝑖𝑐𝑠 𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜. 𝑇ℎ𝑖𝑠 𝑖𝑛𝑡𝑟𝑎-𝑠𝑡𝑎𝑡𝑒 𝑜𝑝𝑒𝑛 𝑎𝑐𝑐𝑒𝑠𝑠 𝑠𝑡𝑟𝑢𝑐𝑡𝑢𝑟𝑒, 𝑤ℎ𝑒𝑟𝑒 𝑤𝑒 𝑤𝑖𝑙𝑙 𝑠𝑢𝑝𝑝𝑙𝑦 𝑐𝑎𝑝𝑡𝑖𝑣𝑒 𝑝𝑜𝑤𝑒𝑟 𝑡𝑜 𝐺𝑎𝑡𝑒𝑤𝑎𝑦 𝑓𝑟𝑜𝑚 𝑜𝑢𝑟 𝑠𝑜𝑙𝑎𝑟 𝑝𝑙𝑎𝑛𝑡𝑠 𝑖𝑛 𝑀𝑎ℎ𝑎𝑟𝑎𝑠ℎ𝑡𝑟𝑎, 𝑤𝑖𝑙𝑙 𝑒𝑚𝑝𝑜𝑤𝑒𝑟 𝐺𝑎𝑡𝑒𝑤𝑎𝑦 𝑡𝑜 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚 𝑡ℎ𝑒𝑖𝑟 𝑠𝑢𝑝𝑝𝑙𝑦-𝑐ℎ𝑎𝑖𝑛 𝑜𝑝𝑒𝑟𝑎𝑡𝑖𝑜𝑛𝑠, 𝑎𝑛𝑑 𝑡𝑢𝑟𝑛 𝑡ℎ𝑒𝑚 𝑔𝑟𝑒𝑒𝑛 𝑎𝑛𝑑 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒. 𝐴𝑡 𝑂2 𝑃𝑜𝑤𝑒𝑟, 𝑤𝑒 𝑎𝑟𝑒 𝑐𝑜𝑚𝑚𝑖𝑡𝑡𝑒𝑑 𝑡𝑜 𝑓𝑢𝑟𝑡ℎ𝑒𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝐺𝑟𝑒𝑒𝑛 𝑃𝑜𝑟𝑡𝑠 𝑎𝑚𝑏𝑖𝑡𝑖𝑜𝑛 𝑜𝑓 𝑜𝑢𝑟 𝑐𝑜𝑢𝑛𝑡𝑟𝑦, 𝑎𝑛𝑑 𝑤𝑖𝑙𝑙 𝑐𝑜𝑛𝑡𝑖𝑛𝑢𝑒 𝑡𝑜 ℎ𝑒𝑙𝑝 𝑜𝑟𝑔𝑎𝑛𝑖𝑧𝑎𝑡𝑖𝑜𝑛𝑠 𝑤𝑖𝑡ℎ 𝑜𝑢𝑟 𝑔𝑟𝑒𝑒𝑛 𝑒𝑛𝑒𝑟𝑔𝑦 𝑠𝑜𝑙𝑢𝑡𝑖𝑜𝑛𝑠 𝑡𝑎𝑖𝑙𝑜𝑟𝑚𝑎𝑑𝑒 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑒𝑛𝑑-𝑡𝑜-𝑒𝑛𝑑 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡𝑠 𝑜𝑓 𝑡ℎ𝑒 𝑚𝑎𝑟𝑖𝑡𝑖𝑚𝑒 𝑖𝑛𝑑𝑢𝑠𝑡𝑟𝑦.”

Expressing happiness at the partnership, Rakesh Garg, Head of Wind, O2 Power, said, “𝑇𝑒𝑟𝑚𝑖𝑛𝑎𝑙𝑠 𝑎𝑟𝑒 𝑏𝑖𝑔 𝑐𝑜𝑛𝑠𝑢𝑚𝑒𝑟𝑠 𝑜𝑓 𝑝𝑜𝑤𝑒𝑟. 𝑇ℎ𝑖𝑠 𝑚𝑎𝑘𝑒𝑠 𝑡ℎ𝑒𝑚 𝑎𝑛 𝑖𝑚𝑝𝑜𝑟𝑡𝑎𝑛𝑡 𝑠𝑒𝑐𝑡𝑜𝑟 𝑡𝑜 𝑡𝑟𝑎𝑛𝑠𝑖𝑡𝑖𝑜𝑛 𝑡𝑜 𝑟𝑒𝑛𝑒𝑤𝑎𝑏𝑙𝑒 𝑒𝑛𝑒𝑟𝑔𝑦. 𝑊𝑒 𝑎𝑟𝑒 𝑡ℎ𝑟𝑖𝑙𝑙𝑒𝑑 𝑡𝑜 𝑏𝑒 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 𝑤𝑖𝑡ℎ 𝐺𝑎𝑡𝑒𝑤𝑎𝑦 𝑇𝑒𝑟𝑚𝑖𝑛𝑎𝑙𝑠 𝑖𝑛 𝑡ℎ𝑒𝑖𝑟 𝑗𝑜𝑢𝑟𝑛𝑒𝑦 𝑡𝑜 𝑛𝑒𝑔𝑎𝑡𝑒 𝑡ℎ𝑒𝑖𝑟 𝑐𝑎𝑟𝑏𝑜𝑛 𝑓𝑜𝑜𝑡𝑝𝑟𝑖𝑛𝑡. 𝐴𝑠 𝑤𝑒 𝑝𝑎𝑟𝑡𝑛𝑒𝑟 𝑤𝑖𝑡ℎ 𝑡ℎ𝑒𝑚 𝑓𝑜𝑟 𝑡ℎ𝑒𝑖𝑟 𝑐𝑙𝑒𝑎𝑛 𝑒𝑛𝑒𝑟𝑔𝑦 𝑔𝑜𝑎𝑙𝑠, 𝑤𝑒 𝑐𝑜𝑚𝑚𝑖𝑡 𝑡𝑜 𝑑𝑒𝑙𝑖𝑣𝑒𝑟𝑦 𝑒𝑥𝑐𝑒𝑙𝑙𝑒𝑛𝑐𝑒 𝑎𝑛𝑑 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑡𝑟𝑎𝑛𝑠𝑓𝑜𝑟𝑚𝑎𝑡𝑖𝑜𝑛.”

APM Terminals has been augmenting efforts towards curbing its carbon footprint. As far back as in 2016, APM Terminals initiated three phase solar power ventures to utilize power for terminal operations at its existing facilities at Jawaharlal Nehru Port (JNP).