Hyundai Motor India Limited (HMIL) on Thursday announced to set up two renewable energy plants in Tamil Nadu with an investment of Rs 38 crore. 🚘 Hyundai Motor India Limited To Set Up 2 Renewable Energy Plants in Tamil Nadu With Investment of INR 38 Crore.

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Hyundai Motor India Limited To Set Up 2 Renewable Energy Plants in Tamil Nadu With Investment of INR 38 Crore | 🚘 LatestLY

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Hyundai Motor India Ltd. has announced plans to set up two renewable power plants in Tamil Nadu to completely decarbonise its manufacturing units in the state.India’s second largest carmaker has signed a power purchase and shareholder agreement with Fourth Partner Energy Pvt., a renewable energy-as-a-service enterprise, to set up a 75 MW solar power plant and a 43 MW wind power plant for captive use at its Chennai plant, according to a statement…

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Hyundai India To Set Up Two Renewable Power Plants In Tamil Nadu

New Delhi: Hyundai Motor India Ltd (HMIL) on Thursday said it will set up two renewable energy plants at its vehicle manufacturing unit in Tamil Nadu as part of the company's move to transition to 100 per cent renewable electricity across manufacturing operations by 2025. The company has signed a power purchase and shareholder agreement with Fourth Partner Energy Ltd (FPEL) for the purpose of setting up of a 75 MW solar plant and a 43 MW wind po…

NewsDrum

Hyundai Motor India to set up 2 renewable energy plants at Chennai facility

Hyundai Motor India Limited (HMIL) is taking a step toward sustainability by setting up two renewable energy plants in Tamil Nadu. The company has signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy Limited (FPEL) to further enhance its renewable energy portfolio and transition to 100 percent renewable electricity across its manufacturing operations by 2025. Currently, HMIL sources 63 percent of its energy needs from ren…

Business Upturn

Hyundai India partners with Fourth Partner Energy to set up renewable energy plants in Tamil Nadu

Chennai, Nov 21: Hyundai Motor India Limited (HMIL) has unveiled an ambitious plan to strengthen its renewable energy efforts with the establishment of two new renewable energy plants in Tamil Nadu. This move is part of HMIL's broader strategy to meet the RE100 goal by 2025. The RE100 initiative, led by the Climate Group, brings together global companies that are committed to switching to 100% renewable electricity.As part of this initiative, HM…

Odisha News In English

Hyundai Motor India to establish two renewable energy plants in Tamil Nadu

HMIL reaffirms its commitment towards sustainability by targeting the RE100 benchmark by 2025 A Power Purchase and Shareholder Agreement signed between HMIL and Fourth Partner Energy at HMIL’s Chennai Manufacturing Plant A 75 MW Solar Plant and a 43 MW Wind Power Plant will be established in Tamil Nadu to cater to HMIL’s Renewable Energy requirements through a Group Captive Mode  Chennai : Hyundai Motor India Limited (HMIL) has taken a significa…

OdishaDiary

Hyundai Motor India Limited (HMIL) to setup 2 renewable energy plants in Tamil Nadu

Hyundai Motor India Limited (HMIL) has made a major move towards its RE100 target by establishing two renewable energy plants in Tamil Nadu. The company signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy Limited (FPEL) to strengthen its renewable energy portfolio. This strategic collaboration aims to help HMIL transition to 100% renewable electricity across its manufacturing operations by 2025. As of June 2024, HMIL mee…

Hyundai Motor India Limited To Set Up 2 Renewable Energy Plants in Tamil Nadu With Investment of INR 38 Crore | 🚘 LatestLY

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