Renewable Energy

With global warming and greenhouse gas emissions on the rise, the need for transitioning to green energy has never been more urgent. For a developing nation like India, where energy demands are rapidly increasing, moving towards cleaner and renewable energy sources is essential to meet both developmental and environmental goals. India is taking bold steps to lead this transition. Through its enhanced Nationally Determined Contributions, the nation has set ambitious renewable energy targets.

 

At ITC, our climate action plan resonates deeply with the nation's objectives. We have taken giant strides by investing significantly in the transition to renewable energy and in augmenting its specific energy efficiency measures to improve the overall environmental footprint.

image1

ITC has achieved its 2030 goal of meeting 50% of its energy requirement from renewable sources.​

Renewable Energy

 

As a responsible corporate contributing to India's transition to a low-carbon economy, energy is a key focus area in our strategy for mitigation of climate change risks. Over the years, we have been investing in renewable energy projects for both renewable electricity and renewable thermal requirements.

 

ITC's renewable energy sources include:

Biomass

We have progressively replaced fossil fuel-fired boilers with biomass boilers for thermal energy generation. Adoption of biomass boilers in our Foods factories have also been accelerated. We have also commissioned a state-of-the-art High-Pressure Recovery Boiler at our Bhadrachalam paper mill, replacing conventional soda recovery boilers, thereby contributing towards reducing carbon footprint through lower coal consumption.

img
Solar Energy

Four solar projects have been implemented, beginning with our first offsite solar power plant in Tamil Nadu in 2021. This was followed by the commissioning of additional offsite solar power plants - one in Uttar Pradesh and two in Karnataka. Moreover, we have installed rooftop solar power units at various locations, including Ambernath, Hyderabad, Trichy, Kapurthala, Ranjangaon, Munger, and other factories.

img
Wind Energy

ITC has invested in wind energy to increase its share of renewable energy. Interventions include continued wheeling of wind energy through interstate open access. The Company has installed windmills in Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra.

img

 

 

We have scaled up our renewable energy use in line with the growth of our operations. This has been driven by investments in augmentation of renewable energy assets such as onsite solar and offsite solar/wind projects to meet the electrical energy demand as well as substantial investments in innovative green boilers in paper mills and use of biomass boilers to meet the thermal energy demand.

Overall installed capacity of 174 MW of Renewable Energy assets across India​

Outcome
ITC has achieved its 2030 goal of meeting 50% of its energy requirement from renewable sources.
ITC uses renewable energy across 20 factories, 9 hotels and 6 office buildings spanning states such as Telangana, Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Delhi, Bihar, Haryana, West Bengal and Punjab.
The High Efficiency Recovery Boiler in ITC's Bhadrachalam paperboard manufacturing plant has reduced the annual consumption of coal by over 1,50,000 tons.
~100% renewable electricity consumption at Bollaram Paper Mill

ITC's Journey in Green Energy Adoption

 

Targets for 2030
Sustaining the share of renewables to 50% of total energy consumption despite growing operational footprint​
Meeting 100% of its grid electricity requirements from renewable sources​
30% reduction in its specific energy consumption vis-à-vis the FY 2018-19 baseline​
50% reduction in specific GHG Emissions vis-a-vis the FY 2018-19 baseline​
Alignment to SDGs