ITC pledges to meet 100% grid electricity needs from renewables by 2030

Firm has been expanding its renewable footprint over past two decades, meets 40% of its electricity needs from wind, solar and biomass; Its investment in renewable assets is about Rs 1,000 cr

Diversified conglomerate, ITC Limited, has set a target of meeting 100 per cent purchased grid electricity requirements from renewable sources by 2030.

ITC, which has been expanding its renewable footprint over the past two decades, meets over 40 per cent of its electrical energy requirement from renewable sources like wind, solar and biomass. The investment in its renewable energy assets is about Rs 1,000 crore so far.

While the company has set a target of achieving 100 per cent of electricity requirements from renewable sources by 2030, the overall target is to source 50 per cent of its energy requirements