Moving one step more towards sustainable production, leading Indian apparel brand Dollar Industries Ltd. today commissioned a 4 MW solar power plant at their manufacturing facility in Tirupur.
The solar plant is a part of Dollar’s ‘Green Mission’ initiative and has a capacity of generating 75 lakhs power units annually.
The company has invested Rs. 18 crore for the plant and the payback period is expected to be 5 years.
Dollar’s objective for installing the solar plant is to not only reduce costs but also make the spinning unit at Tirupur sustainable and self-reliant.
To produce 1 kg of cotton yarn, the cost of power is approximately Rs. 27-28, which is expected to feed almost 50 per cent of the daily consumption at the spinning unit.
Moreover, the solar plant will help in curbing the CO2 emissions by 9,000 kg/per day with a sustainable environment. In case of excess power will be utilised to feed the dyeing unit, which is located at SIPCOT Industrial Park, Perundurai.
“We have always been a responsible corporate with a substantial focus on environment friendly practices. With the current pandemic situation, it is imperative to reduce costs and at the same time also create a clean and eco-friendly manufacturing facility protecting the environment. We at Dollar have been making constant efforts to operate in an environmentally friendly and sustainable manner,” said Vinod Kumar Gupta, MD of the company.
He further added that by keeping a close watch on the development process, we mainly maximise the utilisation of water, energy and our natural resources, safeguarding the earth by reducing our carbon footprints.
Binay Kumar Gupta, Executive – Managing Director – Promoter told that the solar plant has been commissioned by Indway Power Energy, who is the EPC (Engineering, Procurement and Construction) partner from Coimbatore.
The company also has windmill for the energy needs of the manufacturing facility and utilising Zero Discharge Water Treatment, to recycle and reuse the water waste from the facility.
All this helps the organisation to not only reduce costs but also conserve the natural resources.