JSL Super Steel signs power purchase deal with Sunsure Energy

JSL Super Steel and Sunsure Energy sign 11 MWp power purchase agreement
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WARCHI

Jindal Stainless’ subsidiary JSL Super Steel has entered a power purchase agreement with Sunsure Energy, a leading independent power producer

As per the long-term agreement, this facility will source 11 MWp of solar power from Sunsure’s 49 MWp Solar Project in Augasi, Uttar Pradesh, displacing nearly 40 per cent of its conventional energy consumption with clean power. This project will be a part of the Uttar Pradesh State Power Banking Policy, as per the statement.

The partnership will enable the Ghaziabad-based subsidiary receive 16.5 million units (MUs) of clean energy annually, helping the company offset 12 million kilograms of carbon emissions per year.

Jagmohan Sood, Wholetime Director and Chief Operating Officer of Jindal Stainless, said, “This partnership is also a part of Jindal Stainless’ short-term goal of reducing 50 per cent carbon emissions by 2035. As leaders in the stainless steel industry, we deem it our responsibility to usher in cleaner routes of production such as introduction of green hydrogen, use of biofuels, increasing renewable energy share from the grid, etc. at every step of the value chain.”  

Shashank Sharma, Founder, Chairman and CEO, Sunsure Energy, said, “Through this agreement, Jindal Stainless is leading the way for the metal industry in Uttar Pradesh by sourcing power from renewable sources—demonstrating that clean energy is not just an option, but the future of industrial progress.”

Published on April 10, 2025