Ayana Renewable Power, a renewable energy Independent Power Producers (IPP) in India backed by National Infrastructure and Investment Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, announced that it has signed a Power Purchase Agreement with Aditya Birla Group’s Hindalco Industries. The agreement is for the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco’s smelter plants in Odisha, it said. This will develop ~330 MW of solar and wind capacity.
“This captive power project is a significant milestone in Ayana’s efforts towards becoming a demand-driven energy solution provider.