Underlying its commitment to environmental sustainability, Glenmark Pharmaceuticals Limited today announced the installation of a 100kWp rooftop solar plant at its R&D Centre in Mahape, Navi Mumbai. This is a first-of its kind large-scale green initiative by a company in this industrial area. Spread over 10,000 sq ft, the rooftop plant has the capacity to generate up to 400 units of power each day.
For this project, Glenmark has partnered with Fourth Partner Energy, a full services Renewable Energy Services Company (´RESCO´) focused on captive solar power. The project is estimated to achieve close to 125 tonnes of carbon dioxide equivalents reduction every year. This is equivalent to the power generated using 6,900 mature trees; implying significant environmental protection. The carbon dioxide abatement compared to coal fired thermal power is estimated to be close to 77 tonne per annum. ´We are delighted at the successful installation of the rooftop solar plant our Mahape R&D Centre. The project is a big step forward in reducing our environmental footprint. Over the years, Glenmark facilities have taken a number of measures in conserving natural resources, preventing pollution and minimising environmental impact,´ said Cheryl Pinto, Director Corporate Affairs, Glenmark Pharmaceuticals Limited.