RB signs 1st PPA in India for 100% Renewable Electricity Plant
This marks RB’s first Power Purchase Agreement (PPA) in India…
RB, (erstwhile Reckitt Benckiser), one of world’s leading consumer health and hygiene company, is proud to reveal the commission of its first solar powered factory in India, in the city of Mysore as part of Project Greenathon. The factory running on ‘GREEN POWER’ forms an extension to RB’s continuous efforts to reach its worldwide Sustainability Targets. As of today, the factory meets 75% of the energy needs with solar energy and aims to be the first factory running on 100% green power in India, within couple of years.
This marks RB’s first Power Purchase Agreement (PPA) in India, which forms a landmark in its sustainability journey. This initiative will enable reductions in carbon emissions by 80% for the Mysore site over the next 10 years.
RB India’s sustainable journey started in early 2016 with searching for the right renewable energy partner to accomplish the project. Keeping in mind the scalability, low risk profile, technology and government supporting framework, solar was found to be a suitable renewable energy option. Once this choice was made, an intensive study of the technology, policies, market research, capable suppliers was made and a frame work for the project implementation strategy was devised and effectively implemented. This led to a 10-year, 2.4MW, power purchase agreement (PPA) signed with Amplus Energy solutions. Amplus has developed 42 MW solar park, called as Nayaka in Chitradurga, Karnataka that supplies energy to the Mysore plant.