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NEW DELHI: ITC Ltd has commissioned its first offsite solar plant in Dindigul, Tamil Nadu, at an investment of 76 crore, the company said in a statement. The 14.9 MW solar plant will help reduce CO2 emissions over the course of its lifetime.

This new project is in line with ITC chairman Sanjiv Puri’s ‘Sustainability 2.0’ Vision, under which the conglomerate plans to meet 100% of grid electricity requirements from renewable sources by 2030.

ITC’s renewable portfolio comprises 138 MW of wind power plants and 14 MW of solar plants with 53MW of additional solar capacity under execution.

Currently, projects are also underway in other sources of renewable energy such as biomass boilers. ITC has so far invested 1,000 crore in renewable energy assets. Renewable energy powers the company's 20 factories, nine hotels, and six office buildings across Telangana, Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Delhi, Bihar, Haryana, West Bengal, and Punjab, the company said.

The Dindigul solar plant is spread over 59 acre. The unit will generate over twenty-two million units of renewable energy annually for ITC’s hotels, food manufacturing plants, paper manufacturing facility, and printing and packaging factories in Tamil Nadu.

“At ITC, we have relentlessly pursued a mission for environmental stewardship through a gamut of large-scale endeavours that comprehensively address the threat of climate change. Our large-scale investments in renewable energy assets are an integral part of our low carbon strategy aimed at making a meaningful contribution to a net zero economy," Sanjiv Rangrass, group head, ITC Life Sciences & Technology, Central Projects, EHS & Quality Assurance, ITC Ltd., said.

Besides investments in new renewable energy assets, as part of its sustainability agenda, ITC plans to achieve 50% reduction in specific emissions and 30% reduction in specific energy consumption by 2030 over a 2014-15 baseline.

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