Maruti to invest Rs 925 crore to scale captive solar power
Maruti Suzuki India on Wednesday announced plans to invest over Rs 925 crore to ramp up its captive solar power capacity to 319 megawatt peak (MWp) by FY31.
As part of this push, the company recently added 30MWp through two new projects—a 20MWp installation at its upcoming Kharkhoda facility and a 10MWp project at its Manesar plant—taking its total installed solar capacity from 49MWp to 79MWp in just one year.
“As we scale up production to four million units, we are committed to matching that growth with equally ambitious sustainable energy practices. We are systematically enhancing the use of renewable energy in our operations. By FY2030-31, Maruti Suzuki plans to reach 319MWp of solar capacity, backed by an investment of over Rs 925 crore,” said Hisashi Takeuchi, managing director & CEO, Maruti Suzuki India.
With sustained efforts, the share of renewable energy in Maruti Suzuki’s total electricity consumption is expected to rise to nearly 85% by FY2030-31, Takeuchi said.
The auto major said it is also increasing the share of green power sourced from state electricity boards for its consumption.
Before the Kharkhoda facility, Maruti Suzuki operated three plants in India, located in Gurgaon, Manesar, and Gujarat, with a combined annual production capacity of 2.35 million units.
With the commencement of operations at the Kharkhoda plant, Maruti Suzuki’s annual production capacity in India will increase to 2.6 million units.
Maruti Suzuki said the initiative aligns with its parent company Suzuki Motor Corporation’s Environment Vision 2050 and the Government of India’s push towards clean energy.
“We are systematically enhancing the use of renewable energy in our operations,” the company stated.
India aims to achieve 500 GW of non-fossil fuel-based power capacity by 2030 and attain a net-zero carbon emissions by 2070, making such initiatives crucial to the country’s long-term climate goals.