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EIH sets up captive solar power plant to meet electricity needs of Gurugram properties

12 Jun 2019 Evaluate

EIH has set up a captive solar power plant to meet electricity needs of its Gurugram properties, The Oberoi and Trident. The captive power plant in Balasar, Haryana will generate 7.5 MW of electricity to meet the energy demands of the two hotels.

Spread over 25 acres, the solar power plant has 27,000 solar panels installed. The Oberoi and the Trident in Gurugram aim at reducing CO2 emissions by 12,344 tons per year.

EIH is engaged in the business of operating and managing luxury hotels, restaurants, management contracts and travel and tours.

Peers
Company Name CMP
The Indian Hotels Co 730.45
ITC Hotels 159.05
Mahindra Holi.&Resor 195.00
EIH 296.60
Chalet Hotels 847.45
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