Jubilant Ingrevia Limited forged a strategic partnership with O2 Renewable Energy XVIII Private Limited (O2 Renewable), a subsidiary of O2 Power, SG PTE. LTD, based in Singapore. The collaboration is geared towards securing renewable energy through a captive arrangement, catering to the energy needs of the company and addressing the growing demand for sustainable energy to power its manufacturing sites located in Gajraula, Uttar Pradesh, and Savli, Gujarat.
As reported by entrepreneur.com, with a heightened emphasis on green energy, Jubilant Ingrevia has set ambitious goals, aiming to surpass thirty percent greening in the foreseeable future. Initial endeavours have already been initiated at its Nira, Maharashtra facility and are now being extended to the Gajraula and Savli facilities.
Deepak Jain, CEO and Managing Director, Jubilant Ingrevia Limited said, “Our collaboration with O2 Renewable demonstrates our commitment to sustainable practices, minimising our ecological footprint and improving operational efficiency. This emphasises the importance of fostering innovation and economic growth while contributing to a sustainable future”.