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Wonder Cement has strengthened its renewable energy strategy through multiple long-term solar power purchase agreements with Sunsure Energy. The partnership will enable the company to source a significant portion of its electricity from clean energy for its facilities in Maharashtra and Uttar Pradesh. This move is expected to reduce around 33,000 metric tonnes of CO2 emissions annually and lower dependence on conventional grid power. The development reflects a broader shift within the cement sector towards sustainability, with companies increasingly adopting renewable energy solutions to manage costs and meet environmental targets.
Sunsure Energy has entered into three consecutive long-term solar open-access power purchase agreements with Wonder Cement, expanding their ongoing partnership in the renewable energy space. Under these agreements, Sunsure has started supplying solar power to Wonder Cement's facilities in Dhule, Maharashtra and Aligarh, Uttar Pradesh. The power is being sourced from Sunsure's 150 MWp solar plant in Solapur and a 49 MWp plant in Augasi. Advertisement
The continued collaboration highlights Wonder Cement's increasing focus on integrating renewable energy into its operations across multiple locations. The agreements are expected to help the company offset around 33,000 metric tonnes of CO2 emissions annually, which is comparable to planting nearly 1.5 million trees.
As part of this transition, the Dhule facility will meet about 67% of its electricity requirement through renewable energy, while the Aligarh unit will replace around 52% of its power consumption with clean energy. This is expected to significantly reduce reliance on conventional grid-based electricity and improve energy cost efficiency over the long term.
Kiran Patil, Managing Director of Wonder Cement, stated that the company remains focused on reducing its environmental impact, with sustainability embedded as a core operational principle. He added that the company has been steadily integrating renewable energy sources such as wind and solar into its operations, and the continued association with Sunsure Energy supports its move towards low-carbon operations with a partner that understands its requirements.
Shashank Sharma, Founder, Chairman and CEO of Sunsure Energy, said that the company has successfully executed repeat agreements with Wonder Cement, enabling its transition to green energy across multiple states. He noted that the cement sector plays a key role in India's industrial growth, and its shift towards clean energy will influence the pace of sustainable development. He further stated that Wonder Cement's defined renewable energy targets set a benchmark within the sector, and Sunsure looks forward to supporting its future energy transition initiatives.
Founded in 2014, Sunsure Energy operates as an independent power producer providing round-the-clock renewable energy solutions through solar, wind and battery storage. The company has an operational portfolio of around 700 MW and a development pipeline of over 7.10 GW across several states, with a long-term target of reaching 10 GW capacity by 2030. It is backed by an equity commitment of USD 400 million from Partners Group AG.
Wonder Cement, established in 2012 under the RK Group, has expanded its manufacturing capacity to 21.5 million tonnes per annum across multiple integrated and grinding units in India. Its key facility in Nimbahera, Rajasthan, has a clinker capacity of 13.8 MTPA and has been developed in collaboration with global technology providers. The company is also developing a new greenfield integrated cement plant in Jaisalmer, Rajasthan, along with an additional grinding unit in Suratgarh to support future growth.
The agreement aligns with a broader industry trend where cement manufacturers are increasing the use of renewable energy to address both cost pressures and environmental regulations. Rising energy costs and stricter emission norms have accelerated the adoption of long-term PPAs in the sector.
Source PTI
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