Cyient DLM, a leading electronics manufacturing company, has partnered with Arcedo Systems, a renewable energy solutions provider, to establish a 500 kWp rooftop solar power plant at its Mysuru facility. The collaboration, formalized through a Memorandum of Understanding (MoU), is part of Cyient DLM’s commitment to sustainability and its Environmental, Social, and Governance (ESG) objectives.
Under the agreement, Arcedo Systems will design, engineer, install, and maintain the solar power plant, operating it under a long-term Power Purchase Agreement (PPA). Cyient DLM will procure the clean energy generated, significantly reducing its carbon footprint.
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Anthony Montalbano, CEO of Cyient DLM, stated, “This solar power plant reflects our dedication to sustainability and innovation. By adopting renewable energy, we aim to align with global goals and inspire environmentally responsible practices in industrial operations.”
Sandeep Vangapalli, CEO of Arcedo Systems, shared, “We are excited to partner with Cyient DLM on this transformative project. This collaboration highlights our shared vision for a cleaner future.”
The solar plant is expected to provide significant energy cost savings and support India’s renewable energy ambitions by integrating solar power into industrial operations.