Adoption of solar energy can be a game-changer for the pharma sector, however, only proper implementation will bring in the desired results
The pharmaceutical sector in India is one of the largest producers of generic drugs in the world, however, it also happens to be a major contributor to pollution in and around areas where the facilities are located.
As Raj Prabhu, CEO, Mercom Capital Group informs, “Power costs and unreliable power supply are some of the biggest challenges for industries in India, for pharma. Also, the power consumed today by the industry is mostly from dirty polluting coal.”
Many pharma companies have taken to adopting renewable forms of energy, especially solar to curb pollution and bring in more savings.
And, as the industry wakes up to the ro