Sunsure Energy, a renewable energy solutions provider, and Lupin Limited (LUPIN), a global pharmaceutical company, today announced the signing of a 21 MW (31.5 MWp) solar power purchase agreement (PPA). Through this agreement, Sunsure will supply solar power (under open access) to Lupin’s Tarapur facility in India, sourced from its 100 MW (150 MWp) solar plant in Solapur.
Ramesh Swaminathan, ED, Global CFO and Head API Plus SBU, Lupin, said, “Our partnership with Sunsure Energy is part of our comprehensive decarbonization strategy and furthering our commitment to sustainability and reducing our environmental impact. Reducing our carbon emissions requires concrete actions and we at Lupin have been working hard by investing in renewable energy and other energy saving interventions.”
Sunsure is developing solar and wind energy parks of a total capacity of 500 MW in Maharashtra. In addition to Lupin, Sunsure has secured PPAs with businesses like KSB Pumps, Dabur, Sandoz, Emcure, Inox Air Products and more. Across India, Sunsure Energy has provided renewable energy solutions to 70+ Indian industrial companies across 16 states.
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