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 Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App