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Sunsure Energy has entered a long-term agreement with Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) to supply hybrid renewable power combining solar and wind energy. The project, located across Maharashtra, will deliver 5.5 crore units of green power annually, helping DFPCL cut over 40,000 tons of CO? emissions each year. This collaboration aligns with DFPCL's sustainability goals and Sunsure's focus on providing round-the-clock renewable power solutions. The agreement also supports India's wider push toward industrial decarbonisation and cleaner manufacturing.
Sunsure Energy, a renewable power producer, has signed a long-term hybrid energy supply agreement with Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL), one of India's leading chemical and fertiliser manufacturers. The partnership involves a total capacity of 19.36 MW, combining 8.86 MW (13.29 MWp) of solar and 10.5 MW of wind energy. Advertisement
The energy will be generated from Sunsure's solar facility in Dhule and wind plant in Jath, both in Maharashtra, and will be supplied to DFPCL's Raigad manufacturing unit. The project is expected to deliver about 5.5 crore units of renewable energy annually, helping DFPCL reduce carbon emissions by over 40,000 tons each year equivalent to planting nearly two million trees during the project's lifetime.
Sunsure Energy's Founder, Chairman, and CEO, Shashank Sharma, said the collaboration demonstrates the company's capability to deliver continuous clean energy to major industries without relying on banking frameworks. He added that hybrid energy solutions like this can meet 55-60% of large-scale industrial energy requirements and that Maharashtra continues to be central to Sunsure's growth.
DFPCL's President of Manufacturing, Pandurang Landge, stated that adopting hybrid renewable energy would help the company improve efficiency, achieve long-term cost stability, and accelerate its shift toward cleaner operations. He also noted that Sunsure's proven record in renewable energy made it the preferred partner for this decarbonisation initiative.
Founded in 2014, Sunsure Energy is backed by Partners Group AG, which has invested USD 400 million to support its plan of building one of the largest industrial decarbonisation platforms in India and Southeast Asia. The company currently has 600 MW of operational capacity and over 7.10 GW under development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka, with a target of reaching 10 GW by 2030.
DFPCL, listed on the BSE and NSE, is a diversified manufacturer with operations in industrial chemicals, mining chemicals, and fertilisers. The company operates production plants in Maharashtra, Gujarat, Andhra Pradesh, and Haryana. It is also among the world's leading producers of Technical Ammonium Nitrate and the largest nitric acid manufacturer in Southeast Asia.
The company continues to develop specialised products such as Nitric Acid and Iso Propyl Alcohol (IPA) for various industrial and medical applications. In its fertiliser business, DFPCL has shifted towards value-added and crop-specific solutions under brands like Croptek, Smartek, and Solutek, benefiting nearly six million farmers through extensive R&D and field trials.
Source PTI
5th Jun, 2025
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