Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Water positivity pushes ABB's Nashik factory to the next level of sustainable manufacturing

Posted On: 2023-09-14 15:09:17 (Time Zone: IST)


ABB India is leading the way in sustainable and responsible resource consumption in manufacturing after achieving water positivity ratings and Mission to Zero™ status for one of its factories in Nashik.

Water positivity is the concept of returning more water to freshwater sources than is withdrawn and maintaining sustainable water stewardship by establishing a framework for water management. The Nashik site, which covers 49,000 m², has been certified as water positive with a water positivity index of 1.14 by the GRIHA Council (Green Rating for Integrated Habitat Assessment), India. Mission to Zero is ABB's global initiative to enhance energy efficiency and enable building decarbonization, creating best practice solutions for manufacturing and production sites.

The Nashik facility produces medium voltage (MV) switchgear as well as primary and secondary gas insulated switchgear (GIS) equipment to provide efficient power solutions across India. This equipment is critical to the continued urbanization and electrification of the country and the provision of energy systems for sustainable transportation.

As water is a critical issue for the country and globally, ABB India made achieving water positivity a key goal. ABB hopes its operations will become a blueprint for its partners and customers in India - and globally - where water neutrality is quickly becoming as important as carbon neutrality in the fight to save the planet.

To achieve water positivity, the Nashik site introduced a range of measures including a rainwater harvesting system to reduce run off and recharge the groundwater table and reuse the stored rainwater to meet other domestic requirements. The installation of water-efficient fixtures reduced water consumption by 30 percent and a drip-based irrigation system, and sewerage treatment plant allow wastewater to be reused for irrigation and other domestic purposes. This ensures there is zero liquid discharge (ZLD) from the factories. The annual rainwater harvesting potential of the system is 34.486 million liters, which translates to 14 Olympic swimming pools worth of rainwater annually.

ABB also established water meter monitoring and analysis to allow suitable action to be taken on water conservation. The company also invested in water management structures for the local water scarce area to capture rainwater in streams to be used by nearby rural villages for drinking and agriculture. The scope of the GRIHA water positivity certification is for the site only and does not include upstream supply chain for the water positivity analysis.

ABB's approach to responsible resource management includes reducing energy use and carbon emissions. Understanding that you can only improve what you can measure, Nashik achieved full visibility of energy use for the Mission to Zero factory using ABB Ability Energy Manager, a cloud-based solution that collects data from 76 sensors to monitor energy consumption and identify inefficiencies.

To further reduce emissions, ABB's factory in Nashik also invested in measures to improve energy efficiency using LED lighting, insulated wall and roof panels, more efficient air conditioning, demandbased lighting, and cooling in meeting rooms all managed via a KNX and Cylon building management system. Finally, 1 MWp of rooftop solar panels were installed which provide 35 percent of the electricity needed annually to run the factory at a much lower cost than electricity from the grid. The factory operations use 100 percent green electricity, 35 percent from solar and the remaining 65 percent from International Renewable Energy Certificate (IREC). All these measures combined earned the Nashik facility a Green Factory Building, Platinum Rating Certification from the Indian Green Building Council.

Ganesh Kothawade, President, Distribution Solutions, Electrification Business, ABB India said: "The importance of reducing energy use and carbon emissions form a key part of our Mission to Zero journey. However, water positivity is the next frontier in creating sustainable buildings which work in balance with their environment. ABB has shown how green manufacturing can be done to great effect to support the country's energy transition, and we will be sharing our blueprint for success with our local and global partners to encourage more manufacturers to rethink their energy and water use."

Nashik India joins ABB sites in China, Finland, Germany Italy, the Netherlands and the United States as a Mission to Zero facility.

Shares of ABB India Limited was last trading in BSE at Rs. 4336.20 as compared to the previous close of Rs. 4400.50. The total number of shares traded during the day was 7953 in over 1492 trades.

The stock hit an intraday high of Rs. 4421.25 and intraday low of 4260.10. The net turnover during the day was Rs. 34369487.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Padma Shri Award-winning Scientist and Father of Akash Missile, Dr. Prahlada Ramarao, to Advise CMD of Brightcom Group

Torrent Group's Green Hydrogen Plant in Gorakhpur Inaugurated by Shri Yogi Adityanath, Hon'ble Chief Minister of Uttar Pradesh

Alan Scott LearniX Pvt Ltd launches advanced AI-pzowered Education Platform KrishGuru

NITCO Q1 Revenue Surges 114% on Alibaug Deal, Tiles Growth

KEC International wins New Orders of Rs. 1,402 crores

Hindustan Oil Exploration Company Ltd update on Block B-80

Electronics Mart India Ltd opens new Bajaj Electronics store at Srikakulam

Shanmuga Hospital Ltd commissions advanced PH Impedance and Manometry System

Baazar Style Retail Ltd opens new store at Bihpuria

Shree Ajit Pulp and Paper Ltd shuts down plant temporarily

Century Ports Ltd commences commercial operations at its rejuvenated Khidderpore Docks

Meta Infotech Ltd receives order worth Rs. 52.91 lakhs

OnMobile reports strong Q1 FY26 with Double-Digit Growth in Gaming Subscribers and Revenue

Signatureglobal Business Park Ltd acquires 33.47 acres land

EaseMyTrip Board approves 3 acquisitions to Strengthen Strategic Presence

PVR INOX opens 10-screen Megaplex at the Sky City Mall in Borivali East, Mumbai

Hindustan Copper PBT increases by more than 16%

Globe Civil Projects Ltd receives LOA for order worth Rs. 222.19 crores

Weaver Services completes acquisition of Capital India Home Loans after regulatory approval

Affordable Robotic and Automation Limited Reports Year-on-Year Improvement in Q1 FY2026 Performance

Calcom Vision Reports Q1 FY26 PAT at Rs 0.69 Crore, up 138.72% YoY; Revenue from Operations Rises 146.82% YoY to Rs 45.07crore

Nazara Doubles Q1FY26 Revenues to ?498.8 Cr, EBITDA Up 90% to ?47.4 Cr and PAT Increases by 118% to ?51.3 Cr

Arisinfra Solutions achieves record sales for Bodhii Tree Villa Plot Development Near NH-75

HCLTech commemorates the 49th anniversary of HCL Group by planting 49,000 saplings across India

SBI Life launches 'SBI Life - Smart Shield Plus', a future-ready term insurance plan designed for consumer's evolving insurance needs

Neopolitan Pizza and Foods Limited Expands with a New Company-Owned Location at 'THE C Wing Mall,' Una - Gir Gadhda

KIL reports Q1FY 2026 results, consolidated net profit at INR 95 crore

FSN E-Commerce Ventures Ltd to acquire balance 40% stake in Nudge Wellness Pvt Ltd

Piccadily Agro Industries Ld announces Q1 FY2026 results

P N Gadgil Jewellers Limited opens new store at Nashik

Cohance Lifesciences announces ?230 mn investment and progress on cGMP Oligonucleotide Facility at Hyderabad, India

Gland Pharma receives approval for Norepinephrine Bitartrate in 5% Dextrose Injection Bags

KVB inaugurates a new branch in Trichy

Transrail secures fresh orders worth ?701 crore

Firstsource named a 'Star Performer' and a 'Major Contender' in Everest Group's Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025

Kovilpatti Lakshmi Roller Flour Mills Ltd approves capex in Foods Division

PTC Industries and Kineco Aerospace & Defence announce strategic MoU to Collaborate on Value-Added Aerospace Components & Structures

GP Petroleums Ltd reports Q1 FY 2025-26 Results with PBT of ?8.57 Crores on Revenue of ?168 Crores

MRF announces Q1 FY2025-26 results

MIC Electronics Limited receives BIS certificates

Nibe Ltd receives orders worth Rs. 26.67 crores

RBL Bank Partners with CAMS to Provide Merchant Acquiring Settlement service

Hindustan Zinc becomes the First Indian Company to Join the International Council on Mining and Metals

Neogen Chemicals raises INR 200 crore via NCDs

Mangal Credit and Fincorp Ltd to open new branch at Nathdwara

RMC Switchgears Limited reports Q1 FY2025-26 PBT of ? 12.44 Crores, Maintains Strong Growth Momentum

DroneAcharya Aerial Innovations Ltd secures INR 99.67 Lakh work order from Indian Army for Drone Supply and Advanced Drone Lab Setup

izmo Ltd unveils The Automotive AI Factory

Cohance Lifesciences announces USD 10 mn investment in cGMP Bioconjugation Suite at NJ Bio, Princeton, NJ, U.S. to Accelerate ADC Innovation

Gland Pharma receives approval from USFDA for Cangrelor for Injection 50 mg/vial


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020