Happiest Minds Technologies deploys solar power plant at its Bengaluru campus

19 Sep 2022 , 09:16 AM

Happiest Minds Technologies Limited has announced the commissioning of a 183kWp Solar Power Plant at its Smiles 2 campus located at Madivala, Bengaluru.

The Company aims to achieve carbon neutrality in its operations by 2030 and aspires to be known for its high levels of ESG standards. The new solar power plant is a step in its road map to achieve its vision and be part of a cleaner energy future and building long-term business sustainability.

As per the filing, the 183 kWp solar plant deployed by EcoSoch Solar will generate 256 MWh of electricity per year and is projected to reduce 210 MT of carbon emissions annually and 5200 MT over its lifecycle.

“At Happiest Minds, we are consciously embedding sustainability in every aspect of our business by striving for more mindful ways to reduce the impact on the planet, whilst providing digital, agile, and sustainable solutions to our customers”, said Venkatraman Narayanan, MD & CFO, Happiest Minds Technologies.

In line with India’s Intended Nationally Determined Contributions (INDCs) target to achieve about 40% cumulative electric power installed capacity from non-fossil fuel-based energy resources and to reduce the emission intensity of its GDP by 33% to 35% from 2005 level by 2030, Happiest Minds eyes to lead the way in contributing to the country’s solar energy target.

Its environment group called D’Carbon — Clean, Assured and Responsible Building of Outcomes towards Neutrality is on a mission to achieve Net Zero Carbon Emissions and further drive high-impact climate action.

On Monday morning trade, Happiest Minds Technologies Ltd is currently trading flat at Rs1,015.70 per share on the BSE.

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