As per a Memorandum of Understanding (MoU) between the two parties, EESL
will implement energy efficiency programmes in Tata Motors' manufacturing plants at Pantnagar, Lucknow and Pune in the first phase, and will be later extended to other facilities, the company said in a statement.
will undertake the complete upfront investment for the energy efficiency programme, with zero investment from Tata Motors.
The overall implementation period for the programme will be two years," it said.
Commenting on the initiative, Tata Motors
CEO and MD Guenter Butschek said, "By implementing energy efficient solutions, we are accelerating our efforts to reduce our carbon footprint in the form of lower greenhouse gas emissions, towards a cleaner future."
Managing Director Saurabh Kumar said the MoU
is big step towards companies
proactively adopting simple yet effective measures.
"Indian businesses are increasingly adopting energy efficiency measures and are significantly contributing to the efforts of the government," he added.
Last month Tata Motors
had bagged order from EESL
to supply 350 electric cars, while rival Mahindra & Mahindra will supply 150 electric cars.