Nayara Energy, India’s second biggest private oil refining and fuel marketing company, on Tuesday said its solar power plants which will help cut carbon emissions are on track. “The company is progressing well on its plans to set up a 10 MW solar power plant at its Vadinar refinery in Gujarat, which will help Nayara mitigate approximately 20,000 tonnes of CO2 emissions every year,” it said in a statement without giving timelines.
It has also initiated the development of a 500 kW captive solar power plant at its greenfield rail-fed fuel depot at Pali in Rajasthan late last year. “Scheduled for commissioning by March 2023, the on-grid solar plant will help Nayara reduce its carbon footprint by preventing 730 tonnes of CO2 emissions per year,” it said.
The firm operates a 20-million tonnes-a-year capacity oil refinery at Vadinar in Gujarat and has over 6,500 petrol pumps across the country.
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