Hindustan Coca-Cola Beverages (HCCB) has said 40% of its energy requirement will be sourced from renewable and clean energy fuel from 2018. The company, which inaugurated a CNG-based boiler system and a solar power unit at its Bidadi plant on the outskirts of Bengaluru on Wednesday, will be opening another greenfield facility in December in Gujarat. HCCB has partnered with Atria Solar Power to procure 30 million units of solar power per annum for its two factories in the Bidadi Industrial Area. With this agreement, the factories will now meet 85% of their electricity requirements through solar power, off the grid. The newly inaugurated boiler will get its CNG (compressed natural gas) supply from GAIL pipelines in Bidadi. GAIL is the largest state-owned natural gas processing and distribution company in India.
Christina Ruggiero, CEO of HCCB, said the company currently has 20 products in the testing stages. These products will be launched in due course, he added. The Perfect Fruit project, which is a dessert made from a blend of local frozen fruits, is in the pilot stage now. “We are advancing our commitment on sourcing of renewable and clean energy by a couple of years — from 2020 to 2018. We are inspired by India’s ingenuity and the government’s vision of achieving 40% cumulative electric power capacity from non-fossil fuel-based energy resources by 2030. I want to thank our partners GAIL and Atria Solar Power for providing leadership and helping us navigate the way,” said Christina. Christina also claimed that the company has regained its lost momentum and is now growing. Sales of carbonated soft drinks have seen a 5-6% increase since July. Aerated drinks now form 60% of total sales with non-aerated being 40%.