Page 55 - SustainabilityReport2017

Renewable Energy

Renewable energy is the source of are a major cause of adverse climate Interloop is well aware of the growing
clean, inexhaustible and increasingly change. The Earth’s temperature has energy crisis and is adopting alternate
competitive energy. Diversity, risen by an average 0.85°C since and renewable sources such as solar
th
abundance and potential for use the end of 19 Century. According to and biomass for energy generation,
anywhere on the planet are key IEA, the world electricity demand will thus adding to our contribution
features differentiating renewable increase 70% by 2040, driven mainly towards minimizing GHG emission
energy from fossil fuels, but the most by the emerging economies of India, impacts due to use of fossil fuels.
important attribute is that it doesn’t China, Africa, Middle East and South
produce greenhouse gases which East Asia.

We have set the target of 4 MWp installed solar capacity by 2020.

TARGET

Year 2015 has been identified as the baseline.

BASELINE

Our Initiatives: The inline project of installing 2000 energy demand through Bio-fuel such
as Corn Cob and Rice Husk. The total
KWp for 2018 is expected to further
reduce 1500 tons of CO emission per steam generated through Bio-fuel at
Solar Energy: annum. We have planned to increase Plant 3 since 2015 has been 48,743
2
the renewable energy production to tons, saving up to 6,694 tons of CO
Solar energy is not only abundant but 4MWp installed solar capacity. emission. 2
the supply is free of cost and it is the
cleanest source of energy in terms of
CO emission. Our currently installed Rice Husk Boiler
2
solar capacity of 120KWp has already Biomass fuel has very little contribution
made a positive impact by generating to GHG emission compared to coal
263,758 kWh and reducing CO and furnace oil for steam generation. Sustainability Report 2017
2
emission by 153 tons since 2015.
Interloop fulfills some portion of its
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