Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs

Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs

Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the sole user of power.

This green power commitment will be fulfilled through the open access supply of power to KSB Limited’s multiple facilities in Maharashtra. It will enable KSB Limited to source clean power to offset 221 million kgs of CO2 over the next 25 years which is equivalent to planting 3.5 lakh trees.

Rajeev Jain – Managing Director, KSB Limited said: “In continuation to our efforts to move towards a green energy transition and contribute to our role in India’s mission of net-zero emissions, we have entered into this partnership with Sunsure. The agreement will support to achieve our sustainability goals by offsetting a major chunk of our overall CO2 emissions and thus demonstrates our commitment to ensuring a cleaner and healthier future.”

Shashank Sharma, Founder – Chairman & CEO, Sunsure Energy said: “We are excited to partner with KSB Limited and welcome them into our esteemed customer family. Our vision of accelerating the transition to green energy and achieving complete independence from fossil fuels aligns seamlessly with that of KSB Limited. This partnership marks a significant step towards that shared goal. Leveraging our sectoral expertise in renewable energy, we are committed to assisting KSB Limited in achieving its sustainability goals.”

Sunsure Energy is one of India’s largest C&I focused Renewable Energy Power Producers. Sunsure is backed by Partners Group AG with a $400 million equity investment for developing over 5 GW of RE assets by 2028. Founded in 2015, Sunsure has developed and installed solar power plants for power-intensive industrial customers across 16 Indian states.

KSB Limited founded in the year 1960, is headquartered in Pune in the state of Maharashtra. To cater to the needs of the new and emerging India, KSB India Limited has invested in world class facilities and technologies where KSB Limited produces centrifugal pumps and industrial valves and provides related services.