TVS Motor Company has won the India Green Energy 2020 award in the ‘Outstanding Renewable Energy User’ category instituted by the Indian Federation of Green Energy (IFGE). The award is an acknowledgement of TVS Motor Co’s sustainable efforts to increase the usage of alternative power sources in renewable energy to ensure long-term energy security and stability.
The jury evaluated 46 participants across sectors for the award recognising the efforts towards establishing a sustainable energy eco-system. The jury comprised domain experts from the green energy sector nominated by relevant Ministries, Departments, Agencies, Industries and media experts. The award was presented by Nitin Gadkari, Union Minister of Road Transport & Highways, and Bhagwanth Khuba, Minister of State, New and Renewable Energy, Chemicals and Fertilizers.
Energy conservation can be achieved by optimising equipment efficiency and integrating technology in all the plant run processes. TVS Motor says its consistent efforts, over the years, on this front have ensured that specific power consumption has been reduced by 15% and specific fuel consumption has been reduced by 20%. Such focused initiatives towards reducing carbon footprint started in 2013 with reduction of direct emission as the first step, followed by incorporation of renewable energy [wind and solar] towards ideal state image of RE 100. These renewable energy initiatives resulted in a CO2 emission reduction of about 58,812 tons during FY2021.
Additionally, the company has augmented the 5.9 MW rooftop solar photovoltaic capacity and invested in wind power of 35 MW in Group captive mode. In 2020-21, renewable energy contributed to 84% of overall company power consumption. TVS Motor has undertaken holistic green initiatives across its manufacturing units – zero discharge plants, water recycling, design for recyclability, rainwater harvesting and biodiversity conservation in and around its factories in India.
TVS Motor Co has three manufacturing plants across India – Hosur in Tamil Nadu, Mysore in Karnataka and Solan in Himachal Pradesh – which cumulative have an manufacturing capacity of nearly 5 million two-wheelers.