Indian firms looking for sourcing more renewable energy

If the recent results of a survey conducted by Schneider Electric India are to be believed, then in the coming time it is expected that more company’s in India are emphasizing on greater renewable consumption. As per an article in Economic Times covering these results of the survey, about 80 % of the Indian companies are expecting to procure 15 % of their total power consumption from renewables in the coming 3-5 years.

The survey was conducted in metros and Tier-II cities of India and accounts around 300 respondents according to ET. The survey has considered companies from all domains ranging from manufacturing, real estate, automobiles to pharma cos. All respondents had an average turn-over of around 30 crore.

Overall the ship of “India Inc.” seems to be sailing in the right direction as it is expected to contribute the most in the Indian green growth story. Taking account of the prevalent sluggish state of economy, all such efforts are laudable.

Relevant article can be read by following the link above.