NSE to harness wind power for energy needs

The investment in 6.25 MW wind power project is part of NSE's long term focus on sustainable development

BS B2B Bureau Mumbai
Last Updated : Aug 25 2015 | 2:21 PM IST
National Stock Exchange of India Ltd (NSE) has become India’s first stock exchange to use renewable energy with the completion of 6.25 MW wind power project. Suzlon Group, one of the leading wind turbine manufacturer was the technical partner for supply & commissioning of the project.
 
The project completion is a milestone achievement for NSE and Suzlon since it is India’s first Stock Exchange to deploy wind energy to off-set its captive power usage. About 65 percent of the energy consumption of NSE office located at Bandra-Kurla Complex (BKC) in Mumbai will be met by this wind project. The project, comprising of 5 units of Suzlon’s robust S66, 1250 kW WTGs, will help in reducing about 12,730 tonnes CO2 emissions annually. The wind energy project is located at Satara, Maharashtra.
 
Mahesh Haldipur, NSE spokesperson, said, “The investment in wind power project is part of our long term focus on sustainable development. We are committed to conduct business in a way that protects the environment by using green technology. Harnessing wind energy for our operations is a step in that direction. This is in addition to the various power saving and energy efficient measures being undertaken at the premises.”
 
Ishwar Mangal, chief sales officer, Suzlon Group, said, “The increased focus and investment in wind energy is a testament of efforts by corporates in India towards mitigating climate change and energy security. NSE’s thrust on sustainable development and investments in wind energy will also encourage other corporates to harness wind energy for meeting their energy requirements and to hedge power cost for next 25 years thereby contribute towards a greener tomorrow.”
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First Published: Aug 25 2015 | 2:19 PM IST

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