Apollo Tyres Ltd is planning to set up a 2 x 7.5 megawatt coal-based thermal power plant in its Oragadam facility near Chennai in Tamil Nadu. This will help the company become self sufficient for its power requirements for critical equipments, said the company in a statement.
It may be noted, Apollo has an installed capacity to produce 550 tonnes of passenger vehicles and truck-bus radial tyres per day at this facility.
The proposed coal-based Cogen plant will improve the overall efficiency and will reduce the pollution resulting from a separate power generation and process steam generation, said the company.
The company is waiting for the necessary environmental clearance from the Central Government.
This CoGen power plant will be set up in an area of 2.47 acres within Apollo's existing tyre manufacturing facility. The main fuel to be used in this power plant would be coal.