Sunsure Energy signs PPA with KSB Ltd to supply one crore units of green power – EQ
In Short : Sunsure Energy signs a Power Purchase Agreement (PPA) with KSB Ltd to supply one crore units of green power. This agreement likely contributes to KSB Ltd’s commitment to sourcing sustainable energy and supports the growth of renewable energy in the region.
In Detail : Sunsure Energy, a premier renewable energy producer in India, has inked a 25-year Power Purchase Agreement (PPA) with KSB Limited, a Pune-based leader in pump and valve manufacturing. The PPA will facilitate the annual reception of nearly one crore (10 million) units of green power by KSB Limited, thereby assisting in the transition to clean energy and supporting India’s objective of achieving net-zero emissions.
Green Energy Transition
Expected to offset a staggering 221 million kgs of CO2, the initiative equates to the environmental impact of planting around 3.5 lakh (350,000) trees over the next quarter-century. The green power will be supplied via open access to KSB Limited’s facilities in Maharashtra. The commitment to sustainability and alignment of this partnership with their respective environmental goals have been expressed by both Rajeev Jain, Managing Director of KSB Limited, and Shashank Sharma, Founder-Chairman & CEO of Sunsure Energy.
Sunsure Energy’s Commitment
Established in 2015, Sunsure Energy is known for its significant support from Partners Group AG and its ambition to develop over 5 GW of renewable energy assets by 2028. This partnership with KSB Limited, which will cater solely to the company’s power needs, is a testament to Sunsure Energy’s commitment to accelerating the transition to green energy and promoting a cleaner and healthier future.
About KSB Limited
KSB Limited, founded in 1960, is famous for its comprehensive manufacturing and engineering practices, as well as its extensive marketing, sales, and service network in India. By partnering with Sunsure Energy, the company reinforces its commitment to sustainability and aligns itself with India’s mission of net-zero emissions.
