JSL, Sunsure Sign Solar PPA To Source Power From UP Project By Chitrika Grover/ Updated On Thu, Apr 10th, 2025 Highlights : This project will be a part of the Uttar Pradesh State Power Banking Policy, aligning with the state’s vision for energy security and efficient power management. Contrarian IPP makes bets Pay Off In India Sunsure Energy said it has signed an 11 MWp long-term power purchase agreement (PPA) with JSL Super Steel, a Ghaziabad-based unit of Jindal Stainless Ltd, to supply solar power from its 49 MWp project in Augasi, Uttar Pradesh. The recent Power Purchase Agreement (PPA) between Sunsure Energy, an independent power producer, with JSL Super Steel, will displace nearly 40% of its conventional energy consumption with clean power. This project will be a part of the Uttar Pradesh State Power Banking Policy, aligning with the state’s vision for energy security and efficient power management. Sunsure Energy’s Partnership With JSL Super Steel Sunsure Energy’s partnership with JSL Super Steel will enable JSL Super Steel to receive 16.5 million units (MUs) of clean energy annually. This move aligns with India’s growing push for green steel production, an industry-wide transformation that aims to curb emissions in one of the most energy-intensive sectors. Commenting on this development, Wholetime Director and Chief Operating Officer, Jindal Stainless, Jagmohan Sood said, “By integrating renewable energy into our production processes, we are not only reducing our carbon footprint but also setting new benchmarks for the metal industry in India. As leaders in the stainless steel industry, we deem it our responsibility to usher in cleaner routes of production such as introduction of green hydrogen, use of biofuels, increasing renewable energy share from the grid, etc. at every step of the value chain.” Shashank Sharma, Founder, Chairman, and CEO, of Sunsure Energy while speaking at the signing ceremony, said, “As industries align with India’s ambitious renewable energy targets, collaborations like this set a powerful precedent for responsible growth. Through this agreement, Jindal Stainless is leading the way for the metal industry in Uttar Pradesh by sourcing power from renewable sources—demonstrating that clean energy is not just an option, but the future of industrial progress. Jindal Stainless has a strong reputation for pioneering sustainability initiatives, and we are proud to welcome them into our growing family of esteemed customers.” Sunsure Energy Gets Rs 400 Cr Debt Funding From Aseem Infrastructure Also Read About Jindal Stainless Jindal Stainless remains focused on a greener, sustainable future, fueled by environmental responsibility. Moreover, the company is investing Rs. 700 crores in various decarbonisation projects over the next five years. Sunsure Energy currently provides renewable energy solutions to 70+ Indian industrial companies across over 16 states, including multinationals like Sandoz, KSB Pumps, Emcure, Olon API, Lupin, and more. The company has a 160 MW operational capacity in Uttar Pradesh and its customers in the state include some of the largest businesses across diverse sectors like Dabur, Inox Air Products, Kajaria, APL Apollo, Merino Industries,and Orient Bell, amongst others. Sunsure Energy’s Contrarian Approach Pays Off Also Read Tags: India, Jagmohan Sood, JSL super steel, Shashank Sharma, Sunsure, Sunsure Energy, Uttar Pradesh