LGE India Signs Solar PPAs with HREPL and Sunsure Energy to Power Manufacturing Units

LG Electronics India (LGE India) has signed long-term solar power purchase agreements (PPAs) with Hinduja Renewables Energy Private Limited (HREPL) and Sunsure Energy to source renewable energy for its manufacturing facilities in Pune and Greater Noida.

Under the agreements, LGE India will procure solar power through a 9.80 MWp PPA with HREPL for its Pune facility and an 11 MWp PPA with Sunsure Energy for its Greater Noida plant. The company is expected to source approximately 3.21 crore units of renewable energy annually from both projects, contributing to a reduction of around 0.61 million metric tonnes of CO2 equivalent emissions over the project lifetime.

The renewable energy supply will be sourced from HREPL’s 27.7 MWp solar plant located in Nanded and Sunsure Energy’s 82.5 MWp solar facility in Erach. HREPL is expected to supply 1.61 crore units annually, meeting nearly 40% of the Pune facility’s energy demand, while Sunsure Energy will provide approximately 1.6 crore units per year, covering around 30% of the Greater Noida plant’s requirements and increasing its overall renewable energy share to about 50%.

According to Hong Ju Jeon, the initiative marks LGE India’s first captive renewable energy project in the country and aligns with the company’s global sustainability commitments, including its participation in the RE100 initiative. He added that the agreements support India’s long-term net-zero ambitions while strengthening the company’s transition toward sustainable manufacturing.

Deepak Thakur noted that the partnership reflects LGE India’s commitment to clean energy adoption and will contribute to accelerating its transition toward carbon neutrality. Meanwhile, Shashank Sharma highlighted that the collaboration represents a long-term relationship aimed at advancing industrial decarbonization and enabling sustainable production practices.

Both PPAs have a tenure of 25 years and are scheduled to commence in the second quarter of calendar year 2026. The agreements also mark LGE India’s first strategic equity investment in an Indian special purpose vehicle (SPV) for power generation, underscoring its deeper involvement in the country’s renewable energy ecosystem.