Bharti Airtel to purchase 23,000 Mwh of renewable energy in Q4FY24

Bharti Airtel on Monday introduced that it will buy 23,000 Mwh (Megawatt hour) of renewable power by the fourth quarter of FY24 for its information centre firm, Nxtra.

Airtel will do that by buying stakes in two renewable power challenge corporations — Continuum Inexperienced India and Vibrant Vitality Holdings. The power will energy six of Nxtra’s Edge information centre amenities.

The acquisition will probably be made by way of an open entry route the place Airtel will purchase a stake in Continuum Inexperienced, which is able to provide inexperienced energy from photo voltaic and wind energy tasks to information centres in Madhya Pradesh. The same stake buy settlement with Vibrant Vitality will provide solar energy to Nxtra’s edge information centre in Vijaywada, Andhra Pradesh, the corporate stated.

Nxtra is dedicated to develop into a internet zero firm by 2031, Ashish Arora, CEO – Nxtra by Airtel, stated. “We consider that India’s development will probably be mirrored by its Information Middle trade development within the coming years and are dedicated to cut back our carbon footprint and lead the Inexperienced Information Middle infrastructure revolution within the nation,” he stated

First Printed: Sep 04 2023 | 11:08 PM IST

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