Roofsol Energy signs 7 MWp solar PPA with JK Tyre for Uttarakhand facility

JK Tyre & Industries Ltd is securing a dedicated 7 MWp solar power purchase agreement from Roofsol Energy Pvt Ltd for its Uttarakhand manufacturing facility, ensuring a consistent supply of 11-12 million units of green electricity each year. This PPA structure allows JK Tyre to offload the capital expenditure and operational risks associated with owning and maintaining a solar plant, while immediately benefiting from renewable energy integration into its industrial operations. The agreement provides long-term energy price stability for the automotive tyre manufacturer in Uttarakhand, a critical factor for managing production costs. For Roofsol Energy, this represents a new 7 MWp addition to its project portfolio, further solidifying its presence in India's commercial and industrial solar PV segment. This arrangement directly supports JK Tyre's operational sustainability goals by sourcing clean power for its Indian manufacturing base. This PPA builds on Roofsol Energy's established track record, having executed over 100 MW of solar projects across India since its 2011 inception, primarily targeting utility-scale, commercial, and industrial clients. The Ahmedabad-based developer's focus aligns directly with the needs of industrial off-takers like JK Tyre, which operates manufacturing facilities in India and Mexico as part of the broader JK Organisation. For JK Tyre, integrating 11-12 million units of green electricity annually into its Uttarakhand plant demonstrates a tangible commitment to decarbonizing its Indian manufacturing footprint. This move by the automotive tyre manufacturer also diversifies its energy procurement strategy, leveraging Roofsol Energy's expertise as an EPC contractor. The deal underscores the continued demand from large industrial consumers in India for direct renewable energy solutions to meet sustainability targets and manage long-term energy costs.