APM Terminals Pipavav (APMT Pipavav) has commissioned a 1,000 kWp DC capacity solar power plant to reduce 10 per cent of the port’s total energy consumption.
The solar power plant is expected to generate approximately 1.53 million KWH power per year and reduce the port’s carbon footprint impact by 1100 tons.
This sustainability initiative falls under the ‘Gujarat Green Gateway’ project to reduce the carbon footprint while improving livelihood of employees, workers as well as surrounding community at the port.
“Energy optimisation and using renewable energy for port operation are critical components of reducing the overall carbon emissions at the port,” said Jakob Friis Sørensen, MD, APMT Pipavav.
“Globally, APMT is moving towards zero carbon logistics and we at Pipavav are contributing our bit to conserve environment and fulfil our Group’s commitment to net-zero greenhouse emissions by 2040.”
APMT Pipavav added that the port has made considerable progress in its mission towards net-zero through various initiatives launched in the past few years; including the development of a green belt, the replacement of conventional high-power lights with LED lights, e-cars, and reusing treated wastewater for plantation of more than 250,000 trees and mangroves in over 600 hectares in Gujarat.
In its latest quarterly financial report, APMT Pipavav posted a full year-on-year net profit loss of 11 per cent.
Net profit for 2021 plunged to INR 1.9 billion ($24.4 million) compared to INR 2.1 billion ($27 million) in 2020.
