Strategic Initiative: Solar Power Plant Installation
ADF Foods Limited has signed an Engineering, Procurement and Construction (EPC) contract with CleanMax Enviro Energy Solutions Limited to install a 950 KWp rooftop solar power plant at its manufacturing facility in Surat, Gujarat.
Project Details
- Capacity: 950 KWp rooftop solar plant
- Location: Surat manufacturing facility, Gujarat
- Ownership Model: CAPEX model (owned by ADF)
- Commissioning Target: End of 2026
Expected Benefits
- Energy Coverage: Expected to meet approximately 46% of the Surat facility's energy requirements
- Power Source: Renewable power generated and consumed on site
- Cost Impact: Expected to lower electricity costs
- Environmental Impact: Supports reduction of carbon footprint
Strategic Context
This project represents an extension of the company's renewable energy initiatives, following the 2 MW hybrid wind and solar power purchase agreement signed earlier this year for ADF's Nadiad facility.
Management Commentary
Mr. Bimal Thakkar, Chairman and Managing Director and CEO, stated: "Following our commitment to hybrid renewable power at Nadiad earlier this year, we are taking the next step by investing in our own solar capacity at Surat. Generating power on site will increase our use of renewable energy and is expected to lower our electricity costs. This investment brings together our focus on operational efficiency and our commitment to reducing our carbon footprint, in line with India's goal of achieving net-zero emissions by 2070."
ESG Alignment
The project forms part of ADF's broader ESG initiatives focused on renewable energy adoption and responsible manufacturing, aligning with India's national goal of achieving net-zero emissions by 2070.
Company Background
ADF Foods Limited is a consumer-focused company and leading global player in the packaged ethnic food industry, offering frozen foods, ready-to-eat (RTE) and ready-to-cook (RTC) products, sauces, pickles, pastes and dips under five prominent brands. The company's products are available in 60+ countries through a strong distribution network across North America, the UK, Europe, the Middle East and Asia Pacific.