UFlex has entered into a long-term power purchase agreement (PPA) with Amplus Phoenix to source renewable power under a group captive power policy. The plant will provide solar power to UFlex’s packaging films manufacturing plant in Dharwad, Karnataka.
In line with UFlex's goal of being net zero by 2035, or earlier, this move will strategically reduce UFlex’s carbon emissions by approximately 19000 tons of CO2 equivalent.