Use UNICORN Signals App By EquityPandit
BUSINESSINDUSTRIALS

Airtel Commissions 21-MW Solar Power Plant

The company reported a 54% YoY increase in its consolidated net profit to Rs 2,442.2 crore.

Bharti Airtel announced that it had commissioned a new 21-megawatt solar power plant in the Buldhana district of Maharashtra to decrease the carbon footprint and contribute to the global efforts of stopping the effects of climate change. The company thinks that the solar-powered unit can reduce 25,517 tonnes in carbon emissions per year. Airtel has set up the solar power unit in collaboration with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company said in a statement.


“Sustainability is the priority area for Nxtra by Airtel. This is a step towards our commitment to sourcing over 50 per cent of power necessities of our data centres through renewable energy in the next 12 months,” Nxtra by Airtel CEO Rajesh Tapadia said. Nxtra by Airtel has already commissioned two 14 MW captive solar power units in Uttar Pradesh. The company claims to have the largest network of data centres in India with 11 large and 120 edge data centres and will invest over Rs 5,000 Crores in the next four years to expand its capacity by three times.

Get Daily Prediction & Stocks Tips On Your Mobile


Latest
IPO
Weekly
Outlook

Stock
Market
Prediction