Last month, Wipro entered into a formal agreement to secure a 9.5 per cent stake in FPEL Ujwal. It focuses on the development, construction, and management of a solar power asset portfolio. The agreement underscores Wipro's inclination towards the adoption of renewable energy within its offices located in Karnataka. Commenting on the development, Wipro said, "This project is expected to help us move closer to our goal of becoming Net Zero by 2040 and 100 per cent renewable energy for purchased electricity by 2030."