Sunsure Commences Solar Power Supply to RACL Geartech Limited

Sunsure Energy announces the commencement of solar power supply to RACL Geartech Limited, a globally recognized manufacturer of high-precision automotive components. 6 million units of renewable energy will be supplied annually from Sunsure’s solar plant in Mahoba to RACL’s factory in Gajraula.

The PPA was signed in July, 2023. Through this Power Purchase Agreement (PPA), RACL will be able to meet more than 40 percent of its Gajraula plant’s energy needs from clean energy, helping them offset a total of 4,300 metric tonnes of CO2e annually, and contributing significantly to their sustainability efforts.

Shashank Sharma, CEO of Sunsure Energy, stated, "We are delighted to partner with RACL Geartech in their quest to transition to renewable energy as part of their ESG roadmap. We are extremely proud to say that our solar power solutions not only reduce carbon footprints, but also provide significant cost savings, contributing to a greener future. RACL Geartech is leading by example in the auto parts manufacturing sector, and is helping create a sustainable future."

Jitender Jain, CFO of RACL Geartech, stated, “Partnering with Sunsure Energy is a significant step towards achieving our ESG goals. By integrating renewable energy into our operations, we are not only reducing our carbon footprint but also setting a benchmark in the manufacturing industry for sustainable practices. Our goal to produce 50% of our electricity from non-fossil fuel sources within the next five years aligns perfectly with this partnership.”

RACL Geartech Limited is an automotive components manufacturer with a global presence. With state-of-the-art manufacturing facilities located in Gajraula and Noida, the company employs over 800 skilled professionals and provides complex engineering solutions in the field of Transmission Gears & Shafts for Motorcycles & Scooters, 3 & 4 Wheeler Passenger & Light Cargo Vehicles, Tractors, Electric Cars, Agricultural Machinery, Off-Road Vehicles, Medium & Heavy Commercial Vehicles. The company is dedicated to sustainable operations aiming to produce around 50% of its electricity from non-fossil fuel sources within the next five years.