Colombo – Speciality tire manufacturer Global Rubber Industries Pvt. Ltd. (GRI) has installed a 1,200kW solar power system at its factory in Badalgama, Sri Lanka.
With a total investment of $1 million (€888,000), the solar panels span a roof area of nearly 90,000 square feet and are expected to generate 136,000kWh of electricity per month. This can save the company an estimated Rs3 million (€183,000) on a monthly basis.
Furthermore, the company said in a 27 Nov statement that the green initiative would reduce carbon emissions by 1,100 tonnes per annum.
In addition to the solar power system, GRI said it has also been employing other green initiatives such as a bio-mass boiler for steam generation, rain water harvesting, tree planting as well as natural lighting on factory sidewalls.
GRI produces agriculture, construction and material handling tires.