Rajasthan | Hindustan Lever-Brookfield to set up 45-MW solar park in line with net zero goals

This project aligns with India's COP26 goal of reaching 500 GW of non-fossil energy capacity by 2030, utilising group captive models for renewable energy procurement.

HUL is well placed to deliver on Scope 1 and 2 emissions reduction in line with the commitment to zero emissions in its operations by 2030. The company is also committed to net zero emissions for all its products — from sourcing to the point of sale — by 2039, the company added.

Rohit Jawa, HUL CEO and MD, said, "Collaboration is key to achieving our net zero commitment. The proposed green energy partnership is a step in the right direction. I am sure this will pave the way for more such transformative partnerships that align with environmental and economic sustainability and will help stakeholders across the value chain."

Nawal Saini, Managing Director of Renewable Power & Transition, Brookfield, said the company is excited to form this unique partnership wherein it will be supplying green energy at scale to HUL and its suppliers from a single location in Bikaner, which is a part of its larger 550-MW solar park.

Shares of Hindustan Unilever Ltd ended at ₹2,563.25, up by ₹16.55, or 0.65%, on the BSE.