Jubilant Signs PPA with O2 Power to Source RE for Bharuch Facility
POWER & RENEWABLE ENERGY

Jubilant Signs PPA with O2 Power to Source RE for Bharuch Facility

Jubilant Ingrevia has taken a major step towards bolstering its renewable energy usage by signing a power purchase agreement (PPA) with O2 Power. This agreement, signed via its subsidiary Jubilant Infrastructure, will supply renewable energy to the company’s SEZ Bharuch Manufacturing Facility. This move reflects the company’s dedication to sustainability and green energy. The contract follows a similar agreement made last year for its manufacturing plants in Savli, Gujarat, and Gajraula, Uttar Pradesh, with supply expected to begin in April 2025.

With this new agreement, over 35% of Jubilant Ingrevia’s total energy requirements across its manufacturing facilities will be sourced from renewable energy.

Jubilant Ingrevia has taken a major step towards bolstering its renewable energy usage by signing a power purchase agreement (PPA) with O2 Power. This agreement, signed via its subsidiary Jubilant Infrastructure, will supply renewable energy to the company’s SEZ Bharuch Manufacturing Facility. This move reflects the company’s dedication to sustainability and green energy. The contract follows a similar agreement made last year for its manufacturing plants in Savli, Gujarat, and Gajraula, Uttar Pradesh, with supply expected to begin in April 2025. With this new agreement, over 35% of Jubilant Ingrevia’s total energy requirements across its manufacturing facilities will be sourced from renewable energy.

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

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