Wednesday 19 August 2020

Asian hospitality firm to power its hotels with renewables to cut 23k tonnes of CO2

One of Asia's largest hospitality firms, Indian Hotels Company Limited (IHCL), has signed a power purchase agreement (PPA) with Tata Power to power its Mumbai-based hotels with renewable energy.

The agreement will see hotels including the Taj Mahal Palace, Taj Lands End and Taj Wellington Mews secure approximately 60% of their energy from renewables.

Through this initiative, IHCL hotels will be able to reduce nearly 22.9 million kilogrammes of carbon dioxide emissions every year, which translates to a carbon reduction equivalent of approximately 7,200 cars off the road.

Puneet Chhatwal, Managing Director and Chief Executive Officer of IHCL, said: “This initiative is in line with the company’s focus on adopting sustainable and cost-efficient business practices while leveraging Group-wide synergies and competencies.”

In the last four years, the firm has increased its renewable energy mix from 7% to 25%.