Background

A leading glass manufacturer approached us to address critical energy challenges in their operations. As a consultant, our mandate was clear: to design a reliable, cost-efficient, and sustainable power procurement strategy that would ensure uninterrupted operations while significantly reducing their carbon footprint. The client faced high dependency on traditional energy sources, resulting in volatile costs, and had a renewable energy share of just 2%. Recognizing the need for a strategic shift, we developed a tailored approach to optimize their power procurement mix.

Solution Provided

Our team proposed three power procurement options to meet the client’s objectives. These options covered combinations of varied power sources, technologies and business models considering flexibility, cost economics and risks.

To ensure the client partnered with the most capable developers, we conducted a competitive bid process, carefully shortlisting potential partners based on their reliability, expertise, and cost-effectiveness. We then facilitated negotiations between the client and the shortlisted developers to secure favorable terms for long-term solar PPAs.

Our recommendations and guidance helped the client successfully increase their renewable energy share significantly, marking a transformative shift towards sustainable operations. Adopting the group captive model contributed to substantial annual/ cumulative (over the PPA life) cost savings and a significant reduction in their carbon footprint.

This project underscores the value of our consultancy in driving impactful outcomes for clients. Through strategic energy planning and execution, we enabled the client to achieve their cost-efficiency and sustainability goals, setting a benchmark for industrial energy transitions.

Impact on client

Our strategic energy solutions enabled the client to increase their renewable energy share from 2% to 39% over the PPA period, achieve cumulative cost savings of INR 32 crore, and significantly reduce their carbon footprint.