Tobacco Major VST Industries Adds 1 MW Solar to HO By Saur News Bureau/ Updated On Tue, Mar 15th, 2022 Highlights : As more and more corporates see the logic and case for solar on their premises, state governments must ensure the process is made as simple as possible. These solar additions will support a domestic market in a far bigger way potentially than equivalent utility scale capacity. As part of VST Industries commitment to sustainability, the Company has commissioned a solar plants totaling 1 MW for its manufacturing units. These plants will provide about 25 percent of the Company’s energy needs. This will result in cancelling out a total of 1310 MT of carbon dioxide emissions. Energy generated from these plants will be used at the Corporate office, Azamabad factory and Toopran factory. “Solar energy is one of the cleanest forms of energy and we are proud to utilize it to service about 25 percent of our energy needs. Our sustainability efforts support India’s energy transition goals as well as contribute towards environment sustainability. We have earlier used solar energy for community benefit and have since 2015 installed a total of 2335 solar street lights across about 80 villages/towns in Telangana and Andhra Pradesh” said Aditya Deb Gooptu Managing Director, VST Industries Limited while inaugurating the plant. The state of art PV technology plants covering an area of 83,247 square feet are constructed using 2226 numbers of solar modules. The Vazir Sultan Tobacco Company Limited as it was incorporated changed its name to its present format 30th April, 1983. The Company has its Registered Office at Azamabad, Hyderabad. The company had a sales turnover of Rs 1472 crores in FY 2021, and owns the well known cigarette brands like Charminar, Charms, etc. Kimberly-Clark India adds 1.7 MW Solar plant Also Read A prominent fixture in its home city of Hyderabad, the efforts by such corporates to adopt greener options for their energy requirements serve not just their own purpose, but also influence a wider cross section of firms around them to finally move towards the same path. Cipla to Acquire 32% Stake in AMP Energy Green Eleven Also Read As we have been predicting, solar plants at corporate rooftops and other buildings is one of the simplest and easiest starts on the journey to to be more sustainable for corporates. For firms like VST that have a heavy interface with the agricultural sector too, there is actually a bigger opportunity to make their whole supply chain more sustainable and green, by working more closely with tobacco growers and other intermediaries. Tags: aditya deb gooptu, Charminar, charms, Corporate PPA, rooftop solar plant, VST Industries