Key Takeaways
- Cairn Oil & Gas partners with Serentica Renewables to source 25 MW of renewable energy for operations in Rajasthan.
- The initiative will reduce Cairn’s carbon emissions by approximately 115 kilotonnes of CO₂ equivalent annually.
- This collaboration supports Cairn’s sustainability goals and aligns with India’s energy transition efforts.
Renewable Energy Partnership
Cairn Oil & Gas has initiated a significant shift towards renewable energy by partnering with Serentica Renewables India Pvt. Ltd. to procure 25 MW of captive renewable hybrid energy. This collaboration is aimed at enhancing operational sustainability for Cairn’s facilities in Barmer, which houses India’s largest onshore oil-producing asset. Notably, about 20% of the total power required for the field will now be derived from renewable sources.
The agreement includes a Power Delivery Agreement whereby renewable energy, generated from a hybrid mix of solar and wind, will be supplied from Serentica’s facility in Gadag, Karnataka. This transition is expected to considerably lower Cairn’s operational carbon footprint, aiming for a reduction of nearly 115 kilotonnes of CO₂ emissions annually—an impact comparable to the environmental benefits of planting around 5.75 million trees each year.
The 25 MW project, structured at a 70% Capacity Utilization Factor (CUF), is projected to provide approximately 153 million units of renewable energy to the Mangala processing facility in Barmer each year. This shift to more sustainable energy practices will help Cairn meet its Renewable Purchase Obligation (RPO) requirements while supporting its long-term sustainability roadmap.
In line with its ambition to increase the use of renewable energy and transition toward net-zero carbon emissions, Cairn aims to produce up to 50% of India’s domestic oil and gas production while simultaneously reducing the carbon intensity of its operations. This partnership is viewed as a significant milestone in India’s broader energy transition, showcasing how traditional energy companies are increasingly adopting cleaner alternatives without sacrificing energy security.
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