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IGREL Renewables raises Rs 3 billion, targets 2 GW renewable capacity by FY27

IGREL Renewables, the IPP platform of INOXGFL Group, has secured Rs 3 billion in equity funding from prominent investors. The company aims to reach 2 GW of installed renewable capacity, focusing on wind and solar energy, by FY27. With a planned investment of Rs 12 billion over the next three years, IGREL is positioning itself as a leading C&I renewable power generation platform. The company has already secured power purchase agreements and letters of intent…

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Sunsure signs PPA to supply 21 MW solar power to Lupin

Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility.   Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps, Dabur, and Inox Air Products.