CCL Products Buys Into Renewable Future with Mukkonda Stake
By Newscript News Network
August 20,2025
Coffee exporter CCL Products has taken a significant step towards greening its operations by acquiring a 26% equity stake in Mukkonda Renewables for ₹9.57 crore. The deal secures access to 7.9 MW of solar and wind capacity under a group captive model, ensuring both reliable energy supply and reduced carbon footprint.
“This move ensures long-term energy cost savings while aligning our global brand with sustainability,” a CCL Products spokesperson said. With coffee demand surging across Europe and North America, global buyers are increasingly pressing exporters to demonstrate climate responsibility in their supply chains.
India’s captive renewable model allows industrial consumers to directly own stakes in renewable assets and secure fixed...