Reacting to the report of the Kerala Assembly's Subject Committee in this regard, a company release said an independent study by a renowned institute last year had found that the impact of Pepsico's Palakkad plant on depleting ground water level in the area was 'insignificant' and that the plant had been utilising on 6.7 per cent of the total annual water consumption in the area.
Through innovative recycling and recharging techniques, the plant had been able to save about 200 million litre of water in the last four years and had brought down the use by 60 per cent.
The water saving initiatives of the plant had been studied by various global and national agencies and it had received awards such as Golden Peacock Environment Management award and Confederation of Indian Industry's award for excellence in water management, it said.
Pepisico's water conservation initiatives in the country had been able to save 2.5 million litres of water in the last five years.
The state assemblys committee on Irrigation and Power in its report on Wednesday asked the state government to restrict the use of water by Pepsi plant at 3.4 lakh litres a day.