Wipro has completed its subscription in equity share capital of Huoban Energy 11 (HEPL) on August 28, 2024. Earlier, the company had signed a definitive agreement on January 18, 2024, to subscribe for the equity share capital in Huoban Energy 11.
The objective of acquisition is to enhance the proportion of usage of renewable energy for offices in Maharashtra. This project is expected to help company move closer to its goal of becoming Net Zero by 2040 and 100% renewable energy for purchased electricity by 2030.
Wipro is a leading global information technology, consulting and business process services company.
