Maruti Suzuki Allocates Rs.450 Crores for Renewable Energy Initiatives

Maruti Suzuki India has announced plans to invest Rs 450 crore in renewable energy initiatives, including solar power and biogas, over the next three years, starting from the current fiscal year. This investment aims to enhance the company's environmental sustainability efforts and make its operations greener. In the fiscal year 2023-24, Maruti Suzuki invested Rs 120.8 crore in renewable energy projects.

As part of its renewable energy strategy, Maruti Suzuki has commenced production at its biogas plant located at its Manesar facility. This plant utilizes in-house food waste and Napier grass to generate biogas, aligning with the Ministry of New and Renewable Energy’s ‘Waste to Energy’ program. The insights gained from this pilot project will be applied to the company's future manufacturing facilities.

Maruti Suzuki aims to double its production capacity to four million units by 2031. This expansion includes two new greenfield manufacturing sites in Kharkhoda, Haryana, and Gujarat. The pilot biogas plant at Manesar is designed to produce 0.2 tons of biogas daily, with an expected output of approximately 1 lac standard cubic meters in 2024-25. This production will offset around 190 tonnes of CO2 per year. The plant employs principles of circularity by using food waste from canteens and Napier grass as raw materials, providing energy for manufacturing processes at the Manesar facility. Additionally, the residual organic manure from the biogas production will be used in horticulture, creating a zero-discharge model.