Prism Johnson has approved an investment of up to ₹40 crore in KUS Renewable Private Limited, a special purpose vehicle of Purvah Green Power, to develop a 49.5 MW captive wind power project in Madhya Pradesh.
The project will be developed in Tehsil Alot, Ratlam district, and will supply dedicated renewable electricity to Prism Johnson’s cement plant in Satna, Madhya Pradesh. Under the arrangement, Prism Johnson will acquire at least 26.5% equity in KUS Renewable.
The project is expected to support Prism Johnson’s increased renewable-energy utilisation, energy efficiency and resource optimisation. The power supply agreement is structured for 25 years, with commercial operation scheduled for January 2028.
