(TAN): Indian Hotels Company (IHCL) is doing its bit for the environment. IHCL hotels in Mumbai — The Taj Mahal Palace, Taj Lands End and Taj Wellington Mews — will now get approximately 60% of their required energy from renewable sources, which translates to a reduction of nearly 22.9 million kg of CO2 emissions a year.
IHCL, South Asia’s largest hospitality company, has signed a 25-year solar energy Power Purchase Agreement (PPA) with TP Kirnali Solar Limited, a wholly owned subsidiary of The Tata Power Company, for this purpose.
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IHCL MD and CEO Puneet Chhatwal said, “This initiative is in line with the company’s focus on adopting sustainable and cost-efficient business practices, while leveraging group-wide synergies and competencies. We are pleased to collaborate with Tata Power, which is a leader in clean energy generation.”
Through this initiative, IHCL hotels in Mumbai will be able to reduce nearly 22.9 million kg of CO2 emissions on an annual basis, which translates to a carbon reduction equivalent of approximately 7,200 cars off the road.
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Praveer Sinha, MD and CEO of Tata Power, said, “We are glad to collaborate with IHCL to reduce their carbon footprint and reaffirm the Tata Group’s commitment for sustainability. Presently, the association is limited to IHCL properties in Mumbai and we look forward to working closely with them for covering all their facilities across India.”
Sustainability is a prerequisite to IHCL operations and in the last four years, the company has increased its renewable energy mix to 25% from 7%.
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