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SHARE MARKET TODAY · INDIAN ·

Sterlite Technologies transitions to 100% green power glass manufacturing operations

As reported by Share Market Today
Sterlite Technologies (STL), recently, has moved a significant share of its electricity sourcing away from conventional fossil-fuel-based grid power to '100% Green Power' generated from wind and solar sources. The transition covers four of the company's four manufacturing plants in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The shift has been enabled through Maharashtra State Electricity Distribution Company (MSEDCL). This transition is expected to deliver a ~65% market-based scope 2 emission reduction in OF & OFC plants, representing a significant reduction in the emissions across participating plants.
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