MAWANA SUGARS COMMITMENT TO A GREENER PLANET
Mawana Sugars as a responsible corporate
citizen understands its responsibility towards the environment and
thus is committed to the cause of a 'GREENER PLANET'. Mawana
contributes to this cause by reducing the carbon footprints. The
initiatives taken by Mawana Sugars in this area are mentioned as
under:
Generating green power from Bagasse
- Saves generation of the same amount of power in grid-connected,
fossil fuel dominated power plants.
- Reduces GHG (Green House Gases) emissions due to reduced usage
of conventional fossil fuels like coal, oil, natural gas; thereby
helps conserve these finite natural resources.
- Truly carbon-neutral, since CO2 emission due to combustion of
bagasse is more than offset by its absorption, thanks to the
surrounding cane fields.
- Efficient utilisation of locally available bagasse gives
sustainable competitive advantage to the cultivation of
sugarcane.
- Sets an example for other sugar mills by making bagasse-based
cogeneration seem more attractive due to its revenue
potential.
- Increased power availability due to distributed electricity
generation improves the quality of life in the surrounding
villages.
CDM projects at Mawana Sugars - Commitment to sustainable
development.
CDM projects at Mawana Sugars entail increasing the efficiency
of bagasse (a renewable fuel source, produced as residue from
sugarcane processing) based cogeneration units at the three plants
of the company. These plants sell electricity to the regional grid,
thereby substituting the power generated by carbon-intensive
northern grid, to which the state of Uttar Pradesh is connected.
The power plants connected to the northern grid use conventional
fossil fuels like coal, diesel/ oil, natural gas, among others.
Thus, the project activity would reduce CO2 emissions and also
conserve finite fossil fuels to that extent.
Mawana Sugars and ADB - A green partnership
- Four registered CDM projects to generate over 1.5 million
Certified Emission Reduction Units (CERs) till 2016.
- ADB has an agreement with Mawana Sugars to buy 0.308 million
CERs.
- ADB selected Mawana Sugars as a partner after rigorous due
diligence.
