Sep 21 (Renewables Now) - Hindustan Coca-Cola Beverages Pvt Ltd (HCCB), the Indian bottling unit of The Coca-Cola Co (NYSE:KO), will seek to source 40% of its power consumption from renewables and clean energy fuel by end-2018.
The company said on Wednesday that it has started buying solar power from a private firm and compressed natural gas from energy group Gail India Ltd (BOM:532155) to supply two manufacturing facilities in Karnataka state. The initiative is seen to save 24,500 tonnes of carbon dioxide (CO2) emissions from the two factories.
Additionally, HCCB has signed a deal to buy 30 million kWh of solar electricity per year from renewable plants operator Atria Solar Power Pvt Ltd, after which it will be able to meet 85% of the two plants’ demand through off-grid solar power generation.
HCCB’s latest moves are advancing its renewables and clean energy commitment by two years. The company previously had set a target date for the programme in 2020.
“We are inspired by India’s ingenuity and the government’s vision of achieving 40 per cent cumulative electric power capacity from non-fossil fuel-based energy resources by 2030 and are committed to be part of it,” said Christina Ruggiero, HCCB’s CEO.