Announced Sat, 20 Jun · 13:08 IST
Century Enka signs PPA for 9.9 MW wind-solar hybrid power plant
Capex & Operations View source PDF
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AI summary
Century Enka has signed a Power Purchase Agreement with ABREL Century Energy, a Special Purpose Vehicle, to set up a 9.9 MW wind-solar hybrid power plant for captive use at its Bhosari, Pune facility. The project is scheduled for commissioning by 30 June 2026, with a 3-month grace period. This is a related party transaction, structured at arm's length pricing.
Likely market impact
Captive renewable power should help lower long-term electricity costs at the Bhosari plant and support green energy goals. Small to moderate scale, limited near-term stock impact.