APM Terminals Mumbai, O2 Power sign green energy partnership
Solar power plant to generate 22 million kwh of electricity annually to meet 80% of terminal’s power requirement
(From left): Parag Sharma , CEO & Founder, O2 Power, Rakesh Garg, Head – Wind, O2 Power, Sunay Mukerjee, COO, GTI and Rajib Bhowal, CEO, GTI
Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has collaborated with O2 Power to set up a captive solar power plant.
The plant, with a capacity to generate 22 million kwh of electricity annually, is expected to meet 80 percent of the terminal’s power requirement and reduce the carbon footprint by 44 percent (15,092 CO2t), says a release from GTI.
“I am delighted to ink this power purchase agreement with O2 Power," says Sunay Mukerjee, COO, GTI. "By signing this agreement, we reaffirm our commitment to the environment and community. The power agreement marks a significant step forward in our decarbonisation journey.”
Parag Sharma, CEO and Founder, O2 Power adds: “Partnering with GTI, the Indian arm of APM Terminals which is one of the biggest terminal companies in the globe, is a significant addition to our commercial & industrial (C&I) portfolio. This intra-state open access structure where we will supply captive power to GTI from our solar plants in Maharashtra will empower the terminal to transform their supply-chain operations and turn them green and sustainable. At O2 Power, we are committed to furthering the green ports ambition of our country and will continue to help organisations with our tailor-made green energy solutions for end-to-end requirements of the maritime industry.”
GTI is a joint venture between APM Terminals and Concor, operating at Jawaharlal Nehru Port Authority located at Nhava Sheva.
