In a significant development for India’s renewable energy sector, Hinduja Renewables has signed an 86 MWp Group Captive Solar Power Purchase Agreement (PPA) and Shareholders’ Agreement (SHA) with Lloyds Metals & Energy Ltd. in Maharashtra.
The partnership marks a key milestone in decarbonizing the metals and mining industry—one of the country’s most energy-intensive sectors—by supplying clean and cost-effective solar power through open access solutions.
The project is projected to mitigate approximately 3.32 million tonnes of carbon emissions over its operational lifespan, contributing meaningfully to India’s clean energy targets and strengthening the ESG commitments of Corporate India.
Hinduja Renewables emphasized its commitment to building future-ready, resilient clean energy ecosystems and accelerating the nation’s green transition.
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