Citi Pharma to embrace solar energy, foresees Rs100m in annual savings

May 15, 2024 (MLN): Citi Pharma Limited (CPHL) announced today its decision to transition from traditional energy sources to solar power, which the company estimates would result in annual savings exceeding Rs100 million.

The company further said that the decision to harness the power of the sun to fuel operations aligns with its core values of innovation, sustainability, and corporate social responsibility and would help to reduce its carbon footprint and embrace cleaner energy alternatives.

Embracing solar power not only benefits the environment but also makes economic sense.

This remarkable achievement underscores the company's dedication to maximizing operational efficiency and investing in our core business activities.

Implementation Plan

The transition to solar energy will be executed in phases to ensure a smooth and seamless integration into our operations.

"We are partnering with reputable solar energy providers and experts to design and install state-of-the-art solar panels and infrastructure tailored to our specific needs," it added.

CPHL has reaffirmed its commitment to maintaining the highest- standards of quality, reliability, and service excellence throughout this process.

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