Sunsure Energy Secures PPA with KSB Ltd for One Crore Units of Green Power
Sunsure Energy has recently entered into power purchase agreements with KSB Ltd, a leading manufacturer of pumps and valves based in Pune. The agreements outline the supply of approximately one crore units of green power annually for the next 25 years. In this collaborative effort, Sunsure Energy will establish a dedicated captive renewable energy project, exclusively catering to the power needs of KSB Ltd. This strategic initiative underscores a long-term commitment to sustainable and eco-friendly energy solutions. The project's duration of 25 years reflects a significant and enduring partnership aimed at promoting green practices in the energy sector.
As part of this commitment to green energy, the supply of green power to KSB Ltd's various facilities in Maharashtra will be facilitated through open access. This initiative is expected to enable KSB Ltd to mitigate approximately 221 million kilograms of CO2 emissions over the next quarter-century, equivalent to the environmental impact of planting 3.5 lakh trees. Rajeev Jain, Managing Director of KSB Ltd, expressed that the agreement aligns with their sustainability objectives by significantly reducing overall CO2 emissions.
Shashank Sharma, the Founder, Chairman, and CEO of Sunsure Energy, emphasized that this partnership represents a substantial stride toward achieving mutual sustainability aspirations. Leveraging Sunsure Energy's expertise in the renewable energy sector, the company is dedicated to supporting KSB Ltd in realizing its sustainability objectives.