Synopsis
Now 75 per cent of the company s energy consumption in Tamil Nadu and 60 per cent throughout the country is procured through the solar rooftop, solar ground mount, and wind-based renewable energy, Ashok Leyland said in a statement.
Ashok Leyland (File Photo)
Ashok Leyland on Wednesday said it has increased the sourcing of clean energy to 60 per cent for its countrywide operations.
Now 75 per cent of the company s energy consumption in Tamil Nadu and 60 per cent throughout the country is procured through the solar rooftop, solar ground mount, and wind-based renewable energy, Ashok Leyland said in a statement.
Hinduja Renewables, a part of the
Ashok Leyland increases sourcing of clean energy to 60% for countrywide operations
Now 75 per cent of the company s energy consumption in Tamil Nadu and 60 per cent throughout the country is procured through the solar rooftop, solar ground mount, and wind-based renewable energy
PTI | February 17, 2021 | Updated 16:59 IST
Located in Sivagangai district in Tamil Nadu, the plant is expected to generate over 120 million units of power annually
Hinduja Group flagship Ashok Leyland on Wednesday said it has increased the sourcing of clean energy to 60 per cent for its countrywide operations.
Now 75 per cent of the company s energy consumption in Tamil Nadu and 60 per cent throughout the country is procured through the solar rooftop, solar ground mount, and wind-based renewable energy, Ashok Leyland said in a statement.
Ashok Leyland Share Price Falls 4% After Reporting Q3 Loss Of Rs 19 Crore moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Updated Jan 20, 2021 | 20:10 IST
The company’s UK arm, Switch Mobility, is focusing exclusively on EVs, namely buses and E-LCVs. Representational Image  |  Photo Credit: BCCL
In discussion with ET NOW, Vipin Sondhi, MD & CEO, Ashok Leyland discussed the demand levels, scrappage policy and company’s international focus. He mentioned that the CV cycle is bottoming out and demand is still far away from the peak 2 years ago. However, the demand is slowly returning to previous year’s and LCVs are gaining traction faster, possibly boosted by e-commerce.
The Tippers segment has also been recovering due to pick up in construction activity; 4W & 2W sales have increased and bus sales have decreased due to preference for personal mobility. Sondhi mentioned that RM price increase will certainly have an inflationary impact and CV sector will have to calibrate on what the customer can afford.