Products
Distribution Products
Services
Platform
Tools & Calculators
By HDFC SKY | Published at: Mar 25, 2026 04:20 PM IST
LG Electronics India signs solar PPAs to power manufacturing with clean energy, supporting a steady uptick in its share price.
By signing up I certify terms, conditions & privacy policy
Mumbai, March 25: LG Electronics India Limited has entered into long-term solar power purchase agreements to transition its manufacturing operations towards renewable energy.
The agreements have been signed with Hinduja Renewables Energy Private Limited and Sunsure Energy, marking the company’s first captive renewable energy initiative in India, the company said in a press release dated March 25, 2026.
Under the arrangement, solar power will be supplied to LG’s manufacturing facilities in Greater Noida and Pune. The company has contracted 9.80 MWp capacity for its Pune facility and 11 MWp for its Greater Noida unit.
This is not just a procurement decision. It signals a structural shift in how the company powers its operations, aligning with its global sustainability roadmap and RE100 commitments.
LG Electronics India share price saw a modest uptick following the announcement. As of 15:16 IST on March 25, 2026, the stock was trading at ₹1,513.30, up ₹18.40 or 1.23%, according to exchange data.
The stock opened at ₹1,498.50 and moved within a range of ₹1,490.00 to ₹1,531.50 during the session.
The solar PPAs are expected to generate over 3.2 crore units of clean electricity annually, covering a meaningful portion of the company’s energy requirements.
For the Pune facility, the tie-up with Hinduja Renewables is projected to meet more than 40% of its energy needs. Meanwhile, the Greater Noida facility will source around 30% of its power through Sunsure Energy.
Over the lifecycle of the projects, the company estimates a reduction of approximately 0.61 million metric tonnes of carbon emissions.
The structure combines environmental impact with operational efficiency.
LG Electronics India’s move reflects a wider shift across industrial companies. Clean energy is no longer a peripheral initiative. It is becoming central to cost structures and long-term competitiveness.
By integrating renewable power into its manufacturing ecosystem, the company is positioning itself ahead of regulatory and market expectations.
For investors, the immediate impact may appear limited. But developments like these build a longer-term story around resilience, efficiency and sustainability.
Source: https://nsearchives.nseindia.com/corporate/LGEINDIA_25032026143002_Press_Release.pdf
By signing up I certify terms, conditions & privacy policy
By signing up I certify terms, conditions & privacy policy
Attention To Investors
Prevent unauthorised transactions in your account. Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Stock Exchange / Depositories on your mobile/email at the end of the day.
ASBA: “No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account.”
The securities are quoted as an example and not as a recommendation.
Investment in securities market are subject to market risks, read all the related documents carefully before investing.
KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Kindly note that as per NSE circulars nos: NSE/INVG/36333 dated November 17, 2018, NSE/INVG/37765 dated May 15.2018 and BSE circular nos: 20171117-18 dated November 17, 2018, 20180515-39 dated May 15.2018, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE. Investors are advised not to blindly follow the unfounded rumours, Tips given in social networks, SMS, WhatsApp, Blogs etc. and invest only after conducting appropriate analysis of respective companies.
Disclaimer
SEBI Registration No: INZ000186937 (NSE, BSE, MSEI, MCX) |NSE Trading Member Code: 11094 | BSE Clearing Number: 393 | MSEI Trading Member Code: 30000 | MCX Member Code: 56015 | IN-DP-372-2018 (CDSL, NSDL) | CDSL DP ID: 12095000 | NSDL DP ID: IN304279 | AMFI Reg No: ARN -13549 | PFRDA Reg. No: POP 11092018 | IRDA Corporate Agent Licence No: CA0062 | Research Analyst Reg. No: INH000002475 | Investment Adviser: INA000011538-Type-Non Individual | Validity of Registration: Perpetual, Principal Officer.
Registered Address: iThink Techno Campus, Building – B, Alpha, Office Floor 8, Near Kanjurmarg Station, Kanjurmarg (East), Mumbai – 400042 | Tel: 022-30753400 | Compliance Officer: Mr. Murli V Karkera | Ph: 022-3045 3600 | Email: complianceofficer@hdfcsec.com.
Contact: 022-68494702 | Email: investmentadvisers@hdfcsec.com | CIN: U67120MH2000PLC152193
HDFC Securities has a proprietary trading desk. This desk maintains an arm’s length distance with the Research team and all its activities are segregated from Research activities. The proprietary desk operates independently, potentially leading to investment decisions that may deviate from research views.

source