Allied Blenders and Distillers (ABD) on Wednesday said it plans to source 70 per cent of its power consumption from solar energy in the next financial year. In FY22, ABD’s units consumed approximately 27 lakh units of electricity from local electricity boards.
“Allied Blenders and Distillers (ABD) Ltd, India’s largest domestic alcobev company, announced that it is aiming to replace 70 per cent of the power with renewable solar power in the next financial year (FY’24),” a company statement said.
To achieve this, ABD is installing solar power plants in seven of its units. Total installed capacity of these plants will be 1,400 KW.
Environmental, Social and Governance (ESG) is to take steps to make a difference for the business and the world. The Government of India and respective states are taking several initiatives for cleaner energy and this initiative addresses a similar…