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\u2019s Hindalco Industries. The agreement is for the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco\u2019s smelter plants in Odisha, it said. This will develop ~330 MW of solar and wind capacity.<\/p>\n
\u201cThis captive power project is a significant milestone in Ayana\u2019s efforts towards becoming a demand-driven energy solution provider. It aligns with the company\u2019s vision to become India\u2019s lowest cost power supplier leveraging a unique combination of solar, wind and pumped hydro technologies,\u201d it said. Further, Ayana Renewable Power added that this project will increase its cumulative capacity under management to nearly 5 GW, encompassing operations, maintenance, and development.<\/p>\n
\u201cAt Ayana Renewable Power, we are resolutely committed to steering India\u2019s energy transition journey. Our latest project marks a pivotal milestone as we deliver 100 MW of uninterrupted, carbon-free power round-the-clock \u2013 a pioneering feat in the industrial segment,\u201d said Shivanand Nimbargi, MD & CEO of Ayana Renewable Power. <\/p>\n
Ayana has also recently bagged the REMCL tender to supply 300 MW of RTC power to a Joint Venture company of the Ministry of Railways and RITES Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s Hindalco Industries. The agreement is for the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco\u2019s smelter plants in Odisha, it said. This will develop ~330 MW of solar and wind capacity. \u201cThis captive power project is a significant milestone in Ayana\u2019s efforts towards becoming a demand-driven energy solution provider. It aligns with the company\u2019s vision […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-601772","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=601772"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601772\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}