Sustainability

Sustainability

At Petronet MHB Limited, sustainability is at the heart of our operations. We are committed to reducing our environmental impact through clean energy initiatives, carbon reduction strategies, and innovative power solutions.

Solar Energy

We are harnessing solar power as a key step toward sustainability:

• Solar Plants: We have established 3828 KWP solar power plants at Mangalore, Hassan, and Devangonthi to generate clean energy. We are harnessing solar energy to the extent of 30% of our requirement, which plays a key role towards sustainability.
• Energy Wheeling: The solar power generated is efficiently wheeled to Neriya, ensuring a sustainable and reliable energy supply.
• Environmental Impact: By leveraging solar energy, we are reducing our reliance on fossil fuels and lowering carbon emissions.

Moving Towards Net Zero

Aligned with global sustainability goals, we are committed to achieve Net Zero emissions. Our approach includes energy efficiency improvements, carbon footprint reduction, and the adoption of eco-friendly technologies to create a sustainable and responsible business ecosystem.

The company has engaged with CSIR-NEERI, Nagpur to develop a structural and time bound pathway to achieve net zero status.

• Energy Efficiency Measures: Optimizing energy use across our operations.
• Carbon Reduction Strategies: Cutting down greenhouse gas emissions through clean energy adoption.
• Sustainable Technologies: Integrating eco-friendly solutions to create a responsible business ecosystem. The Company is also transitioning towards cleaner transportation in its operations by using EV/CNG Vehicles.

In Addition PMHBL also sources green power through Indian Energy Exchange (IEX)

Alternative Power Supply

To further drive sustainability, we are transitioning from diesel-based power to innovative energy solutions:

• Lithium iron phosphate (LiFePO4 or LFP) Battery Energy Storage Systems (BESS): Replacing diesel generators (DGs) with advanced Lithium Iron Phosphate Battery Energy Storage Systems.
• Lower Emissions & Higher Efficiency: Reducing carbon footprint while improving operational efficiency.
• Reliable & Cost-Effective Power: Ensuring a sustainable, long-term energy alternative.

At Petronet MHB Limited, we are committed to building a cleaner, greener and more energy-efficient future by integrating sustainability into every aspect of our operations.