Jubilant to Source 54 MUs from O2 Power’s Hybrid Project
POWER & RENEWABLE ENERGY

Jubilant to Source 54 MUs from O2 Power’s Hybrid Project

Jubilant Ingrevia will procure approximately 54 million units (MU) of power annually for its Gujarat-based manufacturing facility from O2 Power’s wind-solar hybrid project. The power will be supplied through a third-party open access model from an interstate transmission-connected, co-located project in Maharashtra.

The company signed the power purchase agreement (PPA) through its wholly owned subsidiary, Jubilant Infrastructure, enabling its Bharuch plant to meet 50% of its energy needs from renewable sources. Following this deal, 35% of the power requirements for Jubilant’s overall manufacturing facilities will come from renewables.

In FY2024, the company aimed to source 7% of its power from renewables but achieved 5.49%. It has previously signed agreements with O2 Power to supply renewable energy to its facilities in Savli, Gujarat, and Gajraula, Uttar Pradesh, with those projects expected to be commissioned in April 2025.

In January 2025, the Gujarat Electricity Regulatory Commission approved a PPA between Jubilant Infrastructure and O2 Renewable Energy III for 9 MW of wind-solar hybrid power. In FY2024, the company consumed 5.60 million m3 of biogas, 0.10 peta joules of energy from biogas, and 0.08 peta joules of solar energy, leading to savings of Rs 255.7 million at its Gajraula and Bharuch plants.

Jubilant plans to increase its renewable energy share by 2.5 times by 2025. The company also holds a 26% stake in AMP Energy C&I and AMP Energy Green Fifteen to procure power from a 15.5 MW solar project and invested Rs 102.50 million in O2 Renewable Energy XVIII Private Limited in 2024.

(mercom)
            

Jubilant Ingrevia will procure approximately 54 million units (MU) of power annually for its Gujarat-based manufacturing facility from O2 Power’s wind-solar hybrid project. The power will be supplied through a third-party open access model from an interstate transmission-connected, co-located project in Maharashtra.The company signed the power purchase agreement (PPA) through its wholly owned subsidiary, Jubilant Infrastructure, enabling its Bharuch plant to meet 50% of its energy needs from renewable sources. Following this deal, 35% of the power requirements for Jubilant’s overall manufacturing facilities will come from renewables.In FY2024, the company aimed to source 7% of its power from renewables but achieved 5.49%. It has previously signed agreements with O2 Power to supply renewable energy to its facilities in Savli, Gujarat, and Gajraula, Uttar Pradesh, with those projects expected to be commissioned in April 2025.In January 2025, the Gujarat Electricity Regulatory Commission approved a PPA between Jubilant Infrastructure and O2 Renewable Energy III for 9 MW of wind-solar hybrid power. In FY2024, the company consumed 5.60 million m3 of biogas, 0.10 peta joules of energy from biogas, and 0.08 peta joules of solar energy, leading to savings of Rs 255.7 million at its Gajraula and Bharuch plants.Jubilant plans to increase its renewable energy share by 2.5 times by 2025. The company also holds a 26% stake in AMP Energy C&I and AMP Energy Green Fifteen to procure power from a 15.5 MW solar project and invested Rs 102.50 million in O2 Renewable Energy XVIII Private Limited in 2024.(mercom)            

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?