TVS Industrial and Logistic Parks to Generate Solar Power
TVS Industrial and Logistic Parks Ltd is mulling to generate solar power using roof and open spaces within its parks to help it reduce electricity consumption and achieve further decarbonisation. The plan is currently under evaluation and a final decision is expected to be taken by next month. A joint venture of TVS SCS, TVS ILP is one of the largest players in the domestic logistics and warehousing space. With around 15 million sq ft of industrial and warehousing space, the company currently has 19 sites besides and eight more are expected to come up in the immediate future. Given the ample availability of open space and rooftop areas at the sites, the power generation potential is reasonably large, the company said, adding "The solar venture would be a gradual ramp-up, starting with a few sites in the initial phase. The power produced would be used for consumption at its parks only.”
Tags : ALLIED Logistics Solar power warehousing space Decarbonisation Rooftop TVS Industrial and Logistic Parks