Vadodara, June 1: Greenply Industries Limited today announced that it has commissioned its second Power Purchase Agreement (PPA) at the Vadodara manufacturing facility, drawing electricity from a mix of renewable sources.
With the commissioning of the second renewable energy asset, close to 80% of the Vadodara facility’s total energy consumption is now supported through renewable energy sources, significantly strengthening the plant’s clean energy footprint while enhancing long-term energy security and operational efficiency.
With the operationalisation of the second asset, Greenply now sources a substantially higher share of its electricity requirements from renewable energy at the Vadodara facility.
India’s industrial sector faces mounting pressure to decarbonise, even as grid electricity costs remain unpredictable.
“While clean energy adoption has become a wider priority across manufacturing industries, Greenply began integrating sustainability-led operational practices and clean technology solutions much earlier as part of its long-term manufacturing vision,” the company said in a statement.
The renewable energy assets support round-the-clock power generation aligned with the plant’s real-time consumption requirements, helping improve energy reliability, reduce greenhouse gas emissions, and create greater predictability in long-term power costs.
Commenting on the development, Sanidhya Mittal, Joint Managing Director, Greenply Industries Limited, said, “Sustainability at Greenply isn’t a box we tick, it’s built into how we make decisions about manufacturing, growth, and where we invest.
“The second renewable asset at Vadodara reflects our continued effort to build manufacturing operations that are more resilient, energy efficient, and environmentally responsible.
“Every step towards cleaner energy strengthens our ability to build more future-ready manufacturing operations while contributing meaningfully to long-term environmental and economic sustainability.
“As more Indian manufacturers accelerate their sustainability efforts, we remain focused on building systems and practices that can create meaningful long-term impact.”
About Greenply Industries Limited:
Greenply Industries Limited is among India’s leading interior infrastructure companies with a strong presence of 42 years in the wood panel industry.
The company operates five state-of-the-art manufacturing facilities across the country and offers a wide portfolio of products including Plywood, MDF, Block Boards, Flush Doors, Decorative Veneers, PVC and Flooring products for domestic as well as global markets.
