Lux Industries Limited has recently installed a solar unit at its plant in Dankuni, the industrial city near Kolkata. The initiative, entailing an investment of Rs 5 crore, is expected to help the company cut down on its electricity costs by 40 – 50 %. Installation of 1 megawatt solar panels at Dankuni unit would generate approximately 13 lakh kwh of energy per annum, a company release stated.
Going forward, the company plans to set up solar units at its factories in Tirupur, Roorkee, Delhi and Ludhiana in a phased manner. The move is in sync with the current union government’s vision to achieve 100 gigawatt of solar power by 2022.
Elaborating on the installation, Lux Industries senior vice presidents Udit Todi and Saket Todi said, the solar unit will bring substantial energy savings. Read More
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