Wipro Ltd.

Wipro has subscribed 9.95% equity share in FPEL Ujwal (FPEL) on October 10, 2023. The objective of acquisition is to enhance the proportion of usage of renewable energy for its offices in Karnataka. This project is expected to help its move closer to goal of becoming Net Zero by 2040 and 100% renewable energy for purchased electricity by 2030. On September 01, 2023, the company had signed an agreement to subscribe up to 9.95% stake in FPEL.

Wipro is a leading global information technology, consulting and business process services company.