DP World Aims for 60% Renewable Energy in India by 2026

DP World has announced a new sustainability target in India, aiming to source at least 60% of the energy required in its terminal operations from renewable sources by 2026. To achieve this goal, the company plans to convert all fossil fuel-powered equipment and vehicles at its terminal operations in India to electric power and has already started open access procurement of green power at its two terminals in Nhava Sheva. This move is expected to replace about 75% of conventional power demand with green power and result in a 50% reduction in CO2 emissions.

CEO and managing director Rizwan Soomar stated that the company is committed to transforming its terminal operations to make trading greener and more efficient, in line with the principles of Maritime India Vision 2030. DP World is already converting its fleet of diesel-powered rubber-tired gantry cranes to electric and setting up solar power systems at its terminals in India. The company’s new greenfield terminal at Tuna-Tekra in Gujarat is expected to be 100% compliant with government Green Ports guidelines, and DP World will continue to explore green power purchase agreements and low-carbon technology solutions across its portfolio in India.

Globally, DP World is committed to achieving carbon neutrality by 2040 and net zero carbon emissions by 2050, with an interim goal of reducing its carbon footprint by 28% by 2030. The company is also a “Principal Pathway Partner” of the UN Climate Change Conference (COP28) and is advocating for more ambitious climate action and meaningful long-term solutions in support of the global climate agenda.

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