NSE first to invest in wind energy

NSE first to invest in wind energy

NSE first to invest in wind energy

 National Stock Exchange has become India’s first stock exchange to invest in wind energy. The bourse completed 6.25 mW wind power project with Suzlon being the technical partner for supply and commissioning of the project.

The project seeks to meet 65 per cent of the energy consumption of the NSE  office located in Mumbai.

The project, comprising of 5 units of Suzlon’s S66, 1250 kW wind turbine generators, will help in reducing around 12,730 tonnes carbon dioxide emissions annually, Suzlon said.

“The investment in wind power project is part of our long term focus on sustainable development. We are committed to conduct business in a way that protects the environment by using green technology. Harnessing wind energy for our operations is a step in that direction. This is in addition to the various power saving and energy efficient measures being undertaken at the premises,” NSE spokesperson Mahesh Haldipur said.

“The increased focus and investment in wind energy is a testament of efforts by corporates in India towards mitigating climate change and energy security,” Suzlon Group chief sales officer Ishwar Mangal said. 

“NSE’s thrust on sustainable development and investments in wind energy will also encourage other corporates to harness wind energy for meeting their energy requirements,” he added.

A green initiative

NSE completes 6.25 mW wind power project with Suzlon
Project to meet 65 per cent of NSE’s energy consumption
Wind turbine generators to reduce carbon dioxide emissions by around 12,730 tonnes annually