CapitaLand India Trust (CLINT) has set up its first captive solar power plant in Tamil Nadu, India.
The 21-megawatt solar plant will generate more than 30 million kilowatt-hours of electricity annually and meet the power supply needs of 2 million square feet equivalent of office space.
The power generated from the solar plant will be utilized predominantly for the common areas of CLINT’s assets in Tamil Nadu. This will increase CLINT’s green energy usage by more than 70 percent, reduce its carbon emissions by more than 17,000 tonnes and reduce its need to purchase power. The facility has an 8-megawatt expansion potential to bring the solar plant’s total size to 29 megawatts.
“The solar power plant in Tamil Nadu is testament to our increasing adoption of renewable energy,” said Sanjeev Dasgupta, CEO, CapitaLand India Trust Pte. Ltd., the Trustee-Manager of CLINT. “This is central to CLINT’s decarbonization strategy and in line with our sponsor Capit