Khaitan & Co Advised Kirloskar Brothers On Solar Power Procurement Agreement With Sunsure Energy

Khaitan & Co Advised Kirloskar Brothers On Solar Power Procurement Agreement With Sunsure Energy

Khaitan & Co has advised Kirloskar Brothers Limited (KBL) on a captive power procurement arrangement with Sunsure Energy for the supply of 13.5 MWp of solar power. Sunsure Energy has entered into an agreement to supply 2 crore units of clean power to KBL annually.

The solar power supplied under the agreement will help KBL meet around 75 per cent of its energy requirements for both facilities from clean, and renewable sources.

This transition will also allow KBL to offset 14,200 metric tonnes of CO2-equivalent emissions annually, reinforcing their strong commitment to reducing environmental impact, it said.

Founded in 2014, Sunsure Energy is a renewable energy solutions provider for businesses transitioning to green power.

KBL is a leading global provider of fluid management solutions.

The Khaitan & Co team advising KBL on this transaction included Partners Atman Desai, Prithwijit Gangopadhyay, Principal Associate Sruti Baid, and Associates Hetashri Khajanchi and Karishma Sethia.

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