Viswateja Spinning Mills Limited is embarking on a Rs. 15 crore Wind Based Power Unit Project in Phirangipuram, Anantapur, Andhra Pradesh, underscoring its commitment to sustainability. This significant endeavor aims to generate 2 MW of clean energy, marking a bold stride towards reducing the company's reliance on traditional power sources.
The project's pivotal benefits encompass multiple facets, from considerably reducing the company's carbon footprint to fostering cost savings through decreased dependence on costly grid electricity. Moreover, the initiative is set to enhance the company's energy security while potentially creating employment opportunities throughout its construction, operation, and maintenance phases.
However, potential challenges loom, notably ensuring consistent wind resource availability at the designated location and integrating the generated power into existing grid infrastructure, which may necessitate additional investment and collaborative efforts with local authorities. The ongoing upkeep and maintenance of the wind turbines also present recurrent costs to consider.
Viswateja Spinning Mills' foray into wind-based power signifies a laudable step towards sustainability, setting a precedent for the textile industry. Overcoming challenges and ensuring efficient operations will not only benefit the company but also contribute significantly to a cleaner environment, fostering a greener tomorrow.
As on January, 2024. The project has begun the stage of receiving approvals. Clearances were obtained for the project. Work on the project is scheduled to begin in March of 2024.
News by Rahul Yelligetti