Hindalco Industries has signed a shareholder’s agreement and power purchase deal with Seven Renewable Power, aiming to acquire a 26 percent share in SRPPL at a cost of Rs 32.5 lakh. Their objective is to create and manage a captive power facility that will consistently supply 100 MW of renewable energy to its smelter based in Odisha.
Hindalco Industries has signed a shareholder’s agreement and power purchase deal with Seven Renewable Power, aiming to acquire a 26 percent share in SRPPL at a cost of Rs 32.5 lakh. Their objective is to create and manage a captive power facility that will consistently supply 100 MW of renewable energy to its smelter based in Odisha. Hindalco Industries has signed a shareholder’s agreement and power purchase deal with Seven Renewable Power, aiming to acquire a 26 percent share in SRPPL at a cost of Rs 32.5 lakh. Their objective is to create and manage a captive power facility that will consistently supply 100 MW of renewable energy to its smelter based in Odisha. Moneycontrol Latest News Read More
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