Bengaluru, Oct 21: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, has been recognised in the category ‘Outstanding Renewable Energy User’ at the Third Edition of India Green Energy Award 2020 by the Indian Federation of Green Energy (IFGE), the company announced on Thursday.
The company has won this award as an acknowledgement of its sustainable efforts to increase the usage of alternative power sources in renewable energy to ensure long-term energy security and stability.
India Green energy Awards, an initiative of IFGE, is an effort to recognize and highlight the impact and importance of Green Energy for the future of humankind.
The jury evaluated 46 participants across sectors for the award recognizing the efforts towards establishing a sustainable energy ecosystem.
Jury for the prestigious award consisted of top-level domain experts from the green energy sector nominated by relevant ministries, departments, agencies, industries and media experts.
The award was presented by Union Transport Minister Nitin Gadkari and MoS Bhagwanth Khuba.
At TVS Motors, these consistent efforts have ensured that specific power consumption has been reduced by 15 per cent and specific fuel consumption has been reduced by 20 per cent over the years.
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 towards the ideal state image of RE 100.
These renewable energy initiatives resulted in a CO2 emission reduction of about 58,812 tons during 2020-21.
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 per cent of overall power consumption by the company.
TVS Motor Company has undertaken holistic green initiatives across all its manufacturing units. (UNI)
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