Latest news with #DeltaElectronicsIndia
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Business Standard
a day ago
- Business
- Business Standard
Delta Electronics signs deal with Ventus Energy to reduce carbon footprint
Energy and power management solutions provider Delta Electronics India announced on Monday that it has signed a power purchase agreement with Ventus Energy Consultancy to reduce its carbon footprint in the country. A power purchase agreement is a long-term deal between a power supplier and a power consumer. It outlines the terms of electricity sale, including the price, volume, and duration of the agreement. Delta Electronics would source a combined 9.6 million units of wind power annually to power its manufacturing facilities in Tamil Nadu, stated the agreement. This move is expected to reduce the company's dependence on fossil fuel-based electricity and cut approximately 6,979 metric tonnes of carbon emissions annually. The electricity would be sourced from wind farms located in Tirunelveli, Tuticorin and Tiruppur districts through a 12-year agreement signed with the state electricity board — Tamil Nadu Generation and Distribution Corporation (Tangedco). "These PPAs are more than transactions — they are part of a long-term strategy to decarbonise our operations and contribute meaningfully to India's green transition. They also reaffirm our commitments under global frameworks like RE100 and the Science Based Targets initiative (SBTi)," the company's Managing Director Niranjan Nayak said. Delta Electronics has built 35 certified green buildings and operates two data centres globally. By collaborating with Ventus Energy Consultancy, Delta Electronics is promoting a cross-industry model for renewable energy partnerships. Ventus Energy Consultancy Director P Vijayabaskaran, on the association with Delta Electronics, said: "With over 15 years of experience in renewable energy and a portfolio managing 750+ MW of wind and solar assets across Tamil Nadu, Ventus Energy Consultancy is proud to support Delta Electronics in its journey toward industrial decarbonisation." "As Delta's renewable energy demand grows, we are committed to enabling this scale-up through strategic power procurement and regulatory alignment," he added.
Time of India
a day ago
- Business
- Time of India
Delta signs 12-year wind power deal for Tamil Nadu plants; aims to reduce 6,979 MT carbon emissions
New Delhi: Delta Electronics India has signed a 12-year Power Purchase Agreement (PPA) to procure 9.6 million units of wind-generated electricity annually for its manufacturing and operational facilities in Tamil Nadu, the company said in a statement. The agreement, facilitated by Ventus Energy Consultancy Private Limited, is projected to help the company reduce its carbon footprint by approximately 6,979 metric tonnes annually. The power will be supplied from wind farms located in Tirunelveli, Tuticorin, and Tiruppur through the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) grid. Benjamin Lin, President of Delta Electronics India, said, 'At Delta, we believe in leading by example. Integrating renewable energy into our operations aligns our growth with India's climate goals and accelerates our global net-zero vision. Collaborations like these are key to building a resilient and responsible energy ecosystem.' In 2023, Delta achieved a 39 per cent reduction in Scope 1 and 2 emissions compared to its 2021 baseline. Between 2010 and 2023, Delta's energy-efficient products enabled global electricity savings of over 45.5 billion kWh, resulting in 23.84 million tonnes of carbon dioxide emissions avoided, according to the company. Niranjan Nayak, Managing Director, Delta Electronics India, said, 'Sustainability is central to Delta's purpose. These PPAs are more than transactions—they are part of a long-term strategy to decarbonize our operations and contribute meaningfully to India's green transition. They also reaffirm our commitments under global frameworks like RE100 and the Science Based Targets initiative (SBTi).' Delta's renewable energy strategy also includes smart grid innovations and real-time energy monitoring using its own automation and IoT technologies. The company has built 35 certified green buildings and operates two net-zero certified data centres globally. Rachna Kango, Senior Director – ESG & Strategic Marketing, Delta Electronics India, said, 'Delta is proud to partner with forward-looking enterprises like Ventus Energy Consultancy to accelerate the clean energy transition. These collaborations reflect our belief in inclusive, stakeholder-driven sustainability and demonstrate how ESG goals can be met through innovative and region-specific energy solutions.' P. Vijayabaskaran, Director of Ventus Energy Consultancy, said, 'With over 15 years of experience in renewable energy and a portfolio managing 750+ MW of wind and solar assets across Tamil Nadu, Ventus Energy Consultancy is proud to support Delta Electronics in its journey toward industrial decarbonization.' Delta Electronics operates 73 R&D centres and 55 manufacturing sites globally and employs over 81,000 people. The company's plan includes expanding renewable sourcing across its Indian facilities.
Time of India
26-05-2025
- Automotive
- Time of India
EV charger manufacturing gets turbo boost in Tamil Nadu
Tamil Nadu's electronic and electrical production ecosystem is diversifying into EV charger manufacturing . Top players such as Delta India and Eaton are looking at the entire range of chargers from small 60 kW to 350 kW as the demand switches towards fast-charging and multiple-charging guns for both big and small EVs. While India's 30,000-strong EV charging network offers huge opportunities, manufacturers are looking to export too. 'We are looking at getting into 60 kW and the 120 kW chargers very soon. We have design work going on because we want to come up with unique features that can be sold both in India and outside,' says Syed Sajjadh Ali, MD-electrical sector, India, Eaton. Eaton, he adds, would come out with its own EV chargers by the end this year. 'This will be the 60 to 120 kW segment, followed by the 240-kW charger by the beginning of next year,' says Ali. Even those well-entrenched in the EV charger business are looking to expand both product line and production as local demand rises. 'We initiated EV charger development early on in 2017-18. Initially, the demand was for lower capacity solutions, such as AC chargers and the Bharat 30-kilowatt chargers,' says Niranjan Nayak, MD, Delta Electronics India . Since then, the market has been shifting towards high kW products. 'While 60 kW was our largest DC offering until last year, we have now launched a 180-kW charger and are ready with a 350-kW product too in anticipation of market growth,' says Nayak. India needs 16,000 crore in capex to meet public EV charging demand in five years, says the FICCI EV Public Charging Infrastructure Roadmap 2030 report. 'People don't want to wait for longer while they are travelling so higher kW products are in demand,' says Nayak. EV charger makers are also offering multiple-gun products so more than one vehicle can be charged simultaneously. 'The more you increase the capacity, 350 kW or 500 kW in future, there can be two or three guns to simultaneously charge the vehicles. This is the second requirement which is coming,' he adds. What's more, the same chargers can be used for e-buses as well as e-cars. TN is one of the front-runners in both EV and EV infrastructure related manufacturing. The state comes in among the top five for EV charging stations set up by oil marketing companies – UP has 2,561 stations, Maharashtra 1,595, Karnataka 1,516, Rajasthan 1,482, and Tamil Nadu 1,448. It has also, in recent years, seen a surge in EV charger manufacturing from IIT Madras-incubated startups such as Plugzmart to the newly announced JV between Epic Energy and Fenfeo Automotive for a factory in Coimbatore. The production push is understandable given how uncertain global supply chains have become. Delta India for instance, says Nayak, manufactures its own core rectifier modules. 'Within our R&D division in India, we have a team of more than 50 engineers focused on EV charging, which collaborates and shares platforms with our global R&D efforts,' he adds. On the manufacturing front, the company has established dedicated production lines at its Krishnagiri plant, 'which we will be expanding'. Its capacity right now: 1,000 a month but 'based on need we can increase', says Nayak. The charger charge is a natural diversification for Tamil Nadu's EV industry. The state already accounts for 70% of India's two-wheeler EV production, with a current manufacturing capacity of 10 million units. It has been attracting big ticket EV investments too with 2024 seeing $2 billion pumped in by Vietnamese EV maker VinFast, a 9,000 crore facility by Tata Motors, the 20,000 crore expansion by Hyundai and the 2,000 crore plans of Stellantis.
