According to Maruti Suzuki's press release on June 5, the company announced a commitment to increase its investments in renewable energy projects from INR1.2 billion (US$14.48 million) in fiscal 2024 (April 2023 to March 2024) to INR4.5 billion (US$53.96 million) over the three years starting in fiscal 2025.
In addition, Maruti Suzuki will launch a pilot biogas plant at its Manesar facility in fiscal 2025. The plant will use in-house food waste and Napier grass to produce biogas, aligning with India's Waste to Energy program. It is expected to generate around 100,000 cubic meters of biogas in fiscal 2025, offsetting approximately 190 tonnes of CO2 annually.
Hisashi Takeuchi, managing director & CEO of Maruti Suzuki, noted that as the company plans to double its production capacity from 2 million to 4 million units by fiscal 2031, efforts to increase the use of sustainable and renewable energy sources across operations will also accelerate. Takeuchi said the move aligns with the company's Environment Vision 2050 and the Indian government's renewable energy focus.
According to the press release, Maruti Suzuki is actively transitioning to green manufacturing practices at its Manesar and Kharkhoda facilities. The company expanded its solar capacity to 43.2 MWp in fiscal 2024. Meanwhile, it is on track to add 15 MWp solar capacity to its Manesar plant and 20 MWp to the upcoming Kharkhoda plant over the next two years, boosting the total solar capacity to reach 78.2 MWp by fiscal 2026.
