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Business Standard
3 days 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.
News18
3 days ago
- Business
- News18
Delta Electronics signs PPA with Ventus Energy to reduce carbon footprint
Chennai, June 2 (PTI) Delta Electronics India, a prominent player in energy and power management solutions, has signed a Power Purchase Agreement with Ventus Energy Consultancy under its vision to reduce carbon footprint in the country. As per the agreement, Delta Electronics would source a combined 9.6 million units of wind power annually to power its manufacturing facilities in Tamil Nadu. This move is expected to reduce the company's dependence on fossil fuel-based electricity and cut approximately 6,979 metric tonne of carbon emissions annually. Delta Electronics has planned to expand its renewable sourcing across its facilities in the country by exploring smart grid innovations and implementing real-time monitoring powered by its own Automation and Internet of Things (IoT) technologies. In a press release on Monday, the company's President Benjamin Lin said, '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." The electricity would be sourced from wind farms located in Tirunelveli, Tuticorin and Tiruppur districts through a 12-year agreement signed with 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. 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. PTI VIJ VIJ ROH First Published: June 02, 2025, 19:00 IST
Time of India
4 days 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.
