Developer

Parle Products Pvt Ltd

www.parleproducts.com

Total capacity of implemented projects

10 - 50 MW

Countries of projects presence

1

Parle Products Pvt Ltd is a leading Indian company that has been in the business of manufacturing and selling biscuits and confectionery products for over 90 years. With a strong presence in India and several other countries, the company has established itself as a trusted brand in the food industry. However, in recent years, Parle Products has expanded its focus beyond just food products and has started investing in renewable energy projects in the country.

The company's foray into renewable energy began in 2011 when it set up a 1 MW biomass power plant in Maharashtra. The plant uses agricultural waste such as sugarcane bagasse and rice husk as fuel to generate electricity. The plant has been a success and has been supplying power to the grid since its inception. Encouraged by the success of the biomass plant, Parle Products has since then invested in several other renewable energy projects, with a focus on biomass and waste.

One of the company's most recent projects is a 2 MW biomass power plant in Karnataka. The plant uses wood chips and sawdust as fuel to generate electricity. The plant has been operational since 2019 and has been supplying power to the grid. The company has also set up a 1 MW waste-to-energy plant in Maharashtra. The plant uses municipal solid waste as fuel to generate electricity. The plant has been operational since 2017 and has been supplying power to the grid.

In addition to these projects, Parle Products has also invested in several other renewable energy projects, including solar and wind. The company has set up a 1 MW solar power plant in Maharashtra and has also invested in wind energy projects in Gujarat and Tamil Nadu. However, the company's focus remains on biomass and waste, as these are the sectors where it sees the most potential for growth.

Parle Products' focus on renewable energy is driven by its commitment to sustainability and reducing its carbon footprint. The company recognizes the impact that its operations have on the environment and is taking steps to mitigate this impact. By investing in renewable energy projects, the company is not only reducing its carbon emissions but is also contributing to the development of a sustainable energy infrastructure in the country.

Parle Products' renewable energy projects have also had a positive impact on the communities in which they are located. The company has created jobs in the local communities and has also provided a source of income for farmers and other stakeholders who supply the biomass and waste materials used as fuel in the plants. In addition, the company has also undertaken several CSR initiatives in the communities where its renewable energy projects are located, including providing education and healthcare facilities.

Overall, Parle Products' foray into renewable energy is a testament to the company's commitment to sustainability and reducing its carbon footprint. The company's focus on biomass and waste is a smart move, as these sectors have significant potential for growth in India. With its strong brand presence and financial resources, Parle Products is well-positioned to continue investing in renewable energy projects and contribute to the development of a sustainable energy infrastructure in the country.