LG Electronics (LGE) India has signed long-term solar power purchase agreements (PPAs) with Hinduja Renewables and Sunsure Energy to supply a total of 20.8 MWp of renewable electricity to its manufacturing facilities in Greater Noida and Pune. This strategic move underscores LGE India’s commitment to sustainability, carbon reduction, and responsible manufacturing.
Solar Capacity and Renewable Energy Supply
- Hinduja Renewables will supply 9.8 MWp from its 27.7 MWp Nanded, Maharashtra solar plant to the Pune facility, providing 1.61 crore units annually covering 40% of the plant’s energy needs and offsetting 0.31 million metric tonnes of CO₂e over 25 years.
- Sunsure Energy will supply 11 MWp from its 82.5 MWp Erach, Uttar Pradesh solar plant to the Greater Noida facility, providing 1.6 crore units annually covering 30% of the plant’s energy needs, raising total renewable energy usage at the site to 50%, and offsetting 0.30 million metric tonnes of CO₂e over the project lifetime.
- Combined, the two agreements will deliver approximately 3.21 crore units of renewable energy annually, reducing 0.61 million metric tonnes of CO₂e.
Tenure and Strategic Investment
- Both PPAs have a 25-year tenure, with operations scheduled to begin in Q2 2026.
- These agreements represent LGE India’s first captive renewable energy projects and its first strategic equity investment in Indian special purpose vehicles (SPVs) for power generation.
Leadership Perspectives
Mr. Hong Ju Jeon, Managing Director & Chief Sales and Marketing Officer, LGE India:
“This project represents a defining milestone, aligning with LG’s global RE100 commitments. It advances sustainable manufacturing, contributes to India’s net-zero 2070 ambitions, and ensures that LGE India’s products are powered by green energy.”Mr. Shashank Sharma, Founder & CEO, Sunsure Energy:
“This partnership goes beyond a PPA; it marks the start of a long-term collaboration, enabling consumers to choose sustainably manufactured LG products.”
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