Bidadi, Karnataka, September 20, 2017: Hindustan Coca-Cola Beverages (HCCB) Pvt Ltd – one of India’s leading FMCG companies – today announced that it plans to source 40% of its energy requirements using renewable and clean energy fuel, before the end of 2018. The Company has already taken a number of steps to meet its targets, the latest being an agreement with Atria Solar Power Pvt Ltd, to procure 30 million units of solar power per annum, for its two factories in Karnataka. HCCB operates two large, state-of-the-art factories in the state, both of which are located in the Bidadi Industrial Area. Consequent to this sourcing agreement, the two HCCB factories in Karnataka, will now meet 85% of their electricity requirement through solar power, off the grid.

The Company today also formally inaugurated its CNG based boiler system at its factory. The boiler is powered by Compressed Natural Gas (CNG) – the cleanest of fossil fuels. GAIL – a Navratna and Govt of India Enterprise – will supply CNG to power the two boilers at the factory. Both these interventions will lead to a reduction of 24,500 tonnes of carbon emission at the two factories.

The inauguration and announcements were made by Christina Ruggiero, CEO, Hindustan Coca-Cola Beverages Pvt Ltd, in the presence of Mr. Sunder Raju, Director, Atria Solar Power Pvt Ltd. Also present were Mr. P Murugesan, Chief General Manager, GAIL, local community leaders and members of the Bidadi Industries Association.

Mr. Sunder Raju, Director, Atria Solar Power Pvt Ltd, said, “We are indeed proud to partner with Hindustan Coca-Cola Beverages in their journey to attain green goals. We are a strong and accomplished renewable energy player in India, and this strategic alliance will further propel our growth story. We would like to believe that this is the start of many other mutually beneficial partnerships with manufacturing giant like Hindustan Coca-Cola Beverages.”

Speaking at the event, Christina Ruggiero, CEO, Hindustan Coca-Cola Beverages Pvt Ltd, said, “Ensuring the wellbeing of the Planet is a shared goal. As one of India’s top manufacturing company, preserving and protecting the environment is a responsibility that we take seriously. We are advancing our commitment on sourcing of renewable and clean energy by a couple of years - from 2020 to 2018. We are inspired by India’s ingenuity and the Govt’s vision of achieving 40% cumulative electric power capacity non-fossil fuel based energy resources by 2030. I want to thank our partners GAIL and Atria Solar Power Pvt Ltd for providing leadership and helping us navigate the way.”

HCCB has taken several other initiatives like the adoption of briquettes - made out of agricultural waste like groundnuts and coconut shells - to power boilers. Installation of solar rooftops, adoption of energy efficient technology and greater investments in high speed manufacturing lines, are other examples.

About Hindustan Coca-Cola Beverages Pvt Ltd

Hindustan Coca-Cola Beverages Pvt. Ltd, is one of India’s largest FMCG manufacturing and distribution companies. It is responsible for the manufacture, package, sale and distribution of beverages under the trademarks of The Coca-Cola Company. The Company owns and operates 21 factories. It also sources from and supports 11 contract packers’ plants. A network of 4,000 distributors and over 1.9 million retail outlets distribute the high quality, great tasting beverages manufactured by Hindustan Coca-Cola Beverages.

The Company has always placed high value on good citizenship and to that end, is supporting communities by enhancing skills of rural youth through Career Development Centre, improving the lives of communities around its bottling plant by very focused intervention in the areas of access to safe drinking water, sanitation and promoting sustainable agriculture through Integrated Watershed Management Projects under Public-Private-Community partnerships.