homemarket NewsBharti Airtel to procure 1.4 Lakh MWh renewable energy for its Nxtra data centres

Bharti Airtel to procure 1.4 Lakh MWh renewable energy for its Nxtra data centres

According to the details of the power-wheeling agreements, AmpIn Energy and Amplus Energy will work towards setting up captive solar as well as wind power plants having capacities of 48 MWdc and 24.3 MW, respectively, for Nxtra’s data centres.

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By CNBCTV18.com Feb 14, 2024 4:22:51 PM IST (Published)

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Bharti Airtel to procure 1.4 Lakh MWh renewable energy for its Nxtra data centres
Bharti Airtel Ltd on Wednesday announced that its subsidiary and one of India’s leading data centre companies, Nxtra is set to procure an additional capacity of 140,208 MWh of renewable energy for its data centres.

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The subsidiary of Bharti Airtel has entered into a power-wheeling agreement with Ampln Energy and Amplus Energy for the production of additional renewable energy. Through this move, the existing commitment of Nxtra, which is to reduce the company’s carbon footprint through renewable energy sources, has been enhanced annually by almost 99,547 tonne CO2 emissions.
According to the details of the power-wheeling agreements, AmpIn Energy and Amplus Energy will work towards setting up captive solar as well as wind power plants having capacities of 48 MWdc and 24.3 MW, respectively, for Nxtra’s data centres. These data centres are located across multiple states, including Uttar Pradesh, Tamil Nadu and Odisha.
The 25-year agreement is in line with Nxtra’s commitment to achieving its net-zero target of 2031 and further strengthens its credentials as India’s largest chain of green data centres in the country, stated the company in a press release dated February 14, 2024.
The aforementioned initiative adds to Nxtra’s multiple other interventions aimed at reducing absolute scope 1 and 2 greenhouse gas (GHG) emissions across all of its operations by 100% by FY2031.
“These new partnerships reflect our commitment to lead India’s green data centre space and fulfill our commitment to achieve Net Zero emission by 2031. The additional clean energy supply will increase our renewable energy share to approximately 70% in the overall energy mix for our core data centers,” said the CEO of Nxtra by Airtel, Ashish Arora on Wednesday.
Shares of Bharti Airtel ended flat in the red at ₹1,117.6 per piece on the NSE.

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