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Phoenix Mills to generate 5 MW of solar power in collaboration with Renew Power

27 Jan 2022 Evaluate

Phoenix Mills (PML) through its subsidiaries Vamona Developers & Offbeat Developers has collaborated with ReNew Power in ushering in an age of solar power by installing solar power plants for supply of power to Phoenix Marketcity Pune and Phoenix Marketcity Mumbai respectively.

The installation will result in annual generation of approximately 5 MW or 11 million units of electricity across the two malls and will help in reduction of 7,800 MT of Co2 which is equivalent to Co2 emissions from around 18,000 barrels of oil consumed.

Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.

Peers
Company Name CMP
Lodha Developers 1064.00
Prestige EstatesProj 1412.65
Dilip Buildcon 395.05
DLF 646.50
Oberoi Realty 1697.70
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