O2 Power Fuels Jubilant Ingrevia's Renewable Journey

O2 Power has signed a power purchase agreement with Jubilant Ingrevia to supply renewable energy to its Gujarat facility. The move enhances Jubilant Ingrevia's sustainable energy efforts, furthered through its subsidiary Jubilant Infrastructure. O2 Power is leading India's renewable energy space since its inception in 2020.

In a new power purchase agreement announced this Wednesday, O2 Power is set to supply renewable energy to Jubilant Ingrevia's manufacturing facility in Gujarat. The energy will be directed to Jubilant Infrastructure, a complete subsidiary of Jubilant Ingrevia, as part of strengthened renewable energy efforts.

O2 Power, established in 2020 as a significant renewable energy platform in India, continues to expand its impact through this agreement. Founder and CEO Parag Sharma remarked that this partnership is an extension of ongoing successes, emphasizing the company's commitment to contributing towards a low-carbon future.

The collaboration marks another step by Jubilant Ingrevia Limited in boosting its sustainability footprint, aligning with its goals for a greener environment. Supported by entities like Temasek and EQT Infrastructure, O2 Power focuses on solar and wind projects, championing sustainable growth across the energy sector.