LG Electronics (LGE) India has signed long-term solar power purchase agreements (PPAs) totaling 20.8 MWp with Hinduja Renewables and Sunsure Energy to supply renewable electricity to its manufacturing facilities in Greater Noida and Pune.
The company has contracted 9.8 MWp of solar capacity from Hinduja Renewables for its Pune facility and 11 MWp from Sunsure Energy for its Greater Noida plant. It will source approximately 3.21 crore units of renewable energy annually for both facilities, collectively offsetting around 0.61 million metric tonnes of CO2e over the project lifetime.
Hinduja Renewables will supply 1.61 crore units of clean power annually from its 27.7 MWp solar plant in Nanded, Maharashtra, helping meet 40% of the Pune facility’s energy needs and offset 0.31 million metric tonnes of CO2e over the project lifetime.
Similarly, Sunsure Energy will supply approximately 1.6 crore units of renewable electricity annually from its 82.5 MWp solar plant in Erach, Uttar Pradesh, enabling LGE India to meet around 30% of its Greater Noida facility’s energy requirement and increase total renewable energy consumption at the plant to approximately 50%, while offsetting 0.30 million metric tonnes of CO2e over the project lifetime.
Both PPAs are signed for a 25-year period and are scheduled to commence in the second quarter of 2026. The agreements also mark LGE India’s first strategic equity investment in Indian special purpose vehicles for renewable power generation.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.