Hatsun Agro Product Ltd has invested ₹180 crore in wind and solar projects in Tamil Nadu for captive consumption.
The company has commissioned its wind power plants with a combined capacity of 24 MW in Tuticorin district, while a solar plant with 550 kW capacity will be commissioned shortly in Dindigul district, according to a statement.
These renewable energy projects are expected to generate around 73 million units of electricity per annum which will be utilised for captive consumption.
“We are delighted to commission wind and solar power projects that meet over 3/4th of our power requirements which is critical to our operations. These green energy projects will result in substantial savings in energy costs in the long term for the company and in our own way contribute to building a greener India. We will continue to invest in sustainable energy,” said RG Chandramogan, Chairman and Managing Director, Hatsun.