Radiance Renewables signs green power PPA with Softgel Healthcare to avoid 130,000 tonnes CO₂ emissions
Type: Ppa · Technology: Solar · Country: India · Announced: 2026-06-12
Radiance Renewables signed a Power Purchase Agreement with Softgel Healthcare Private Limited to supply green electricity. The agreement will avoid 130,000 tonnes of CO₂ emissions and conserve material water resources. The deal highlights the accelerating shift of Indian manufacturers toward renewable energy. By procuring renewable power, Softgel Healthcare will lower its operating costs and strengthen its sustainability credentials. The transaction supports Radiance Renewables' strategy to grow its renewable portfolio in India. No further financial or contractual terms were disclosed.
Counterparties
- Radiance Renewables (Developer)
- Softgel Healthcare Private Limited (Offtaker)
📈 The Sherpa Signal — one notable infrastructure deal a day.