Project Overview: Ashirwad Pipes, a leading pipes manufacturing company located in Panagarh, West Bengal, has embraced sustainability by installing a 312kW solar power system. Partnering with SolarLogix, a TATA Power Solar Authorized EPC Channel Partner, Ashirwad Pipes aims to harness clean and renewable solar energy to power its operations.
System Specifications:
- Solar Capacity: 312kW
- Location: Panagarh, West Bengal
- Daily Solar Generation: 1110.72 Units
- Yearly Savings: Rs. 3,446,008.8
- CO2 Offset: 6471.5664 metric tons/year
- Coal Burn Avoided: 3209.5128 metric tons/year
- Petrol Consumption Avoided: 2,760,226.2792 liters/year
- Solar Installation: GI Sheet Roof Structure
Environmental Impact: The solar installation at Ashirwad Pipes contributes significantly to environmental conservation:
- The CO2 offset is equivalent to saving 7597.4496 acres of forest annually.
- Avoidance of 3209.5128 metric tons of coal burning is equivalent to planting 107,096.6832 trees.
- The reduction in petrol consumption is equivalent to saving 25,446,960.3336 kilometers driven annually.
Financial Benefits:
- The yearly savings amount to Rs. 3,446,008.8, significantly reducing operational costs.
- With a return on investment of 28.73%, the solar project promises lucrative financial returns.
- The payback period is estimated to be 3.48068221371389 years, demonstrating the project’s financial viability.
Conclusion: The installation of a 312kW solar power system at Ashirwad Pipes exemplifies the company’s commitment to sustainability and responsible energy practices. By harnessing solar energy, Ashirwad Pipes not only reduces its carbon footprint but also enjoys substantial cost savings and financial benefits. This initiative sets a remarkable precedent for other industries to adopt renewable energy solutions for a greener and more sustainable future.