Dollar Industries commissions solar power plant

Dollar Industries, one of the leading apparel brands in India, has commissioned a 4 MW solar power plant at its manufacturing facility in Tirupur. The plant is a part of Dollar’s ‘Green Mission’ initiative and has a capacity of generating 75 lakh power units annually. The company invested Rs 18 crore for the plant with expected payback period of 5 years.

Dollar’s objective for installing the solar plant is to not only reduce costs but also make the spinning unit at Tirupur sustainable and self-reliant. To produce 1 kg of cotton yarn, the cost of power is approximately Rs 27-28 which is expected to feed almost 50 per cent of the daily consumption at the spinning unit. Moreover, the solar plant will help in curbing the CO2 emissions by 9000 kg/per day with a sustainable environment.

The solar plant has been commissioned by Indway Power Energy who is the EPC (Engineering, Procurement and Construction) partner from Coimbatore. The power generated from the solar plant will be primarily used for our spinning unit. In case of excess power, it will be utilized to feed the dyeing unit, which is located at SIPCOT Industrial Park, Perundurai