TAG: "RE procurement"

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CII and WRI India Launch CI-NERGY Alliance to Accelerate Clean Energy Adoption in C&I Sector

The Confederation of Indian Industry CII and WRI India have launched the “CI-NERGY Alliance – Steering Energy Transitions”, a national industry-led platform to accelerate clean energy adoption in India’s commercial and industrial (C&I) sector. Its initial focus will be on textiles, pharma and data centres.

RE Procurement | September 05, 2025 | By Mrinmoy Dey 988

Jindal Stainless to Procure 282 MW Wind-Solar Hybrid Power from Oyster Renewable Energy

Jindal Stainless has acquired a 33.64 percent stake in Oyster Green Hybrid One, a SPV of Oyster Renewable Energy for INR 79.20 crore to procure power for its plant from the upcoming 282 MW wind-solar hybrid captive project.

RE Procurement | June 03, 2025 | By Mrinmoy Dey 978

Syngene International to Procure Wind-Solar Hybrid Power from O2 Power in Karnataka

Syngene International Ltd., a Bengaluru-based pharmaceutical company, will procure renewable energy from O2 Power’s 201.2 MW wind-solar hybrid plant in Karnataka under a captive arrangement. The company acquired 33.79 percent stake in the SPV for INR 6.5 crore.

RE Procurement | March 25, 2025 | By Mrinmoy Dey 1152

Kirloskar Brothers Invests INR 48.59 Million in Sunsure Solarpark for Captive Solar Power

Kirloskar Brothers, a Pune-based pumps and valves manufacturer has invested about INR 48.59 million in Sunsure Solarpark Nineteen, an SPV set up by Sunsure Energy, to procure solar power under an open access group captive arrangement. The company aims to enhance its RE capacity to 70 percent by FY 2025-26.

RE Procurement | March 15, 2025 | By Mrinmoy Dey 2889

Aarti Industries to Procure 16.50 MW Wind-Solar Hybrid Power from CleanMax

Mumbai-based speciality chemicals manufacturer Aarti Industries has partnered with Clean Max Enviro Energy Solutions to procure 16.50 MW of solar-wind hybrid power under a group captive arrangement, investing approximately INR 16.70 crore in the SPV.

RE Procurement | March 06, 2025 | By Mrinmoy Dey 1649

Covestro to Procure 90 MW Renewable Energy from Ørsted

Covestro has announced that four of its US sites have achieved net-zero Scope 2 electricity emissions through Renewable Energy Certificates under its virtual Power Purchase Agreement with Ørsted. The agreement with Ørsted, which provides Covestro with 90 MW of renewable energy capacity, will reduce approximately 90,000 tons of CO2 emission annually.

RE Procurement | February 20, 2025 | By Mrinmoy Dey 1173

Aarti Drugs to Procure 24.40 MWp Solar Power from Prozeal Green Energy

Aarti Drugs has partnered with Prozeal Green Energy to procure solar power through a captive arrangement, acquiring a 26.25 percent stake in an SPV for INR 8.05 crore to develop a 24.40 MWp solar power plant.

RE Procurement | February 04, 2025 | By Mrinmoy Dey 2706

UltraTech Cement to Procure Wind-Solar Hybrid Power from CleanMax

UltraTech Cement Ltd. has partnered with CleanMax to procure renewable energy in a captive mode from a 55 MW wind-solar hybrid project in Karnataka. The company picked up a 26 percent stake in the SPV Clean Max Sapphire.

RE Procurement | December 27, 2024 | By Mrinmoy Dey 1728

Jindal Saw to Procure RE Power from ReNew Green Energy

Jindal Saw Ltd. has partnered with ReNew Green Energy Solutions to procure renewable energy, acquiring a 31.20 percent stake in the SPV ReNew Green MHH One Pvt. Ltd. to secure electricity at concessional rates.

RE Procurement | December 18, 2024 | By Mrinmoy Dey 1491

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