The discussions between the parties to execute a power purchase agreement along with the other supplementary agreements is expected to be completed soon.

The RE project will be set up as a captive generation facility under a 25-year offtake arrangement and will supply power to Hindalco’s Aditya Aluminium smelter in Odisha, enabling reduction of CO2 emissions by 680,000 tonnes annually.

Hindalco Industries Limited, Aditya Birla Group’s metals flagship, has entered into a commercial arrangement with Greenko Energies Private Limited,
India’s leading energy transition company, to set up a renewable energy (RE) project for supply of 100 MW round-the-clock carbon free power. 

The arrangement covers the development of 375-400 MW of solar and wind capacity. The RE project will be set up as a captive generation facility under a 25-year offtake arrangement and will supply power to Hindalco’s Aditya Aluminium smelter in Odisha, enabling reduction of CO2 emissions by 680,000 tonnes annually.

The discussions between the parties to execute a power purchase agreement along with the other supplementary agreements is expected to be completed soon.The project will be one of the world’s first for the aluminium sector with very high (+85%) reliability from solar and wind power without dependence on grid electricity. 

Greenko will design, construct, partly own and operate the solar and wind facilities.