Potential offtaker

Mahindra Heavy Engines Ltd

www.mahindrapowertrain.com

Estimated electricity consumption

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Countries of production presence

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Mahindra Heavy Engines Ltd (MHEL) is a leading Indian company that operates in the Engines & Parts sector. The company has a rich history of over 30 years in manufacturing and supplying high-quality engines and engine components for various applications, including agriculture, construction, power generation, and marine. MHEL is a subsidiary of the Mahindra Group, one of India's largest conglomerates, with a presence in multiple industries, including automobiles, aerospace, and defense.

MHEL has always been committed to sustainability and environmental responsibility. The company has taken several initiatives to reduce its carbon footprint and promote decarbonisation. MHEL has implemented various energy-efficient measures in its manufacturing facilities, such as the use of LED lighting, energy-efficient motors, and variable frequency drives. The company has also invested in renewable energy sources, such as solar power, to reduce its dependence on fossil fuels.

MHEL has also taken steps to promote corporate energy efficiency and sustainability. The company has implemented a comprehensive energy management system that monitors and optimizes energy consumption across its manufacturing facilities. MHEL has also conducted energy audits to identify areas of improvement and implemented energy-saving measures to reduce its energy consumption and carbon emissions.

Another significant initiative taken by MHEL is the adoption of Corporate Power Purchase Agreements (PPAs) for renewable energy. The company has signed long-term PPAs with renewable energy developers to purchase a significant portion of its electricity from renewable sources. These PPAs not only help MHEL to reduce its carbon footprint but also provide a stable and predictable source of energy at a competitive price.

MHEL has also invested in research and development to develop more efficient and sustainable engines. The company has developed engines that comply with the latest emission norms and are more fuel-efficient. MHEL has also developed engines that can run on alternative fuels such as biofuels, which can significantly reduce carbon emissions.

MHEL's commitment to sustainability and environmental responsibility has been recognized by various organizations. The company has received several awards and certifications for its efforts in promoting sustainability and energy efficiency. MHEL has been awarded the prestigious CII-ITC Sustainability Award for the third consecutive year for its sustainability initiatives.

In conclusion, Mahindra Heavy Engines Ltd is a leading Indian company in the Engines & Parts sector, committed to sustainability and environmental responsibility. The company has taken several initiatives to reduce its carbon footprint and promote decarbonisation, including the adoption of renewable energy, corporate PPAs, and energy-efficient measures. MHEL's commitment to sustainability has been recognized by various organizations, and the company continues to invest in research and development to develop more efficient and sustainable engines.