Ayana Renews Energy Pact with Hindalco
POWER & RENEWABLE ENERGY

Ayana Renews Energy Pact with Hindalco

Ayana Renewable Power, an Independent Power Producer specializing in renewable energy in India, has announced the signing of a Power Purchase Agreement with Hindalco Industries, part of the Aditya Birla Group. This agreement entails the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco's smelter plants in Odisha, contributing to the development of approximately 330 MW of solar and wind capacity.

Describing this project as a significant achievement in Ayana's journey to becoming a provider of demand-driven energy solutions, the company emphasized its commitment to becoming India's most cost-effective power supplier by utilizing a unique combination of solar, wind, and pumped hydro technologies. Additionally, Ayana Renewable Power stated that this project will increase its cumulative capacity under management to nearly 5 GW, covering operations, maintenance, and development.

Shivanand Nimbargi, the Managing Director and CEO of Ayana Renewable Power, highlighted the company's dedication to advancing India's energy transition. He noted that this project represents a groundbreaking accomplishment in the industrial sector, delivering 100 MW of continuous, environmentally friendly power round-the-clock.

Ayana Renewable Power has also recently secured a contract through the REMCL tender to provide 300 MW of RTC power to a Joint Venture company of the Ministry of Railways and RITES Ltd.

See also:
NTPC & OIL join forces for renewable energy & decarbonisation
35% surge in capital outlay for roads and renewables by 2024: CRISIL


Ayana Renewable Power, an Independent Power Producer specializing in renewable energy in India, has announced the signing of a Power Purchase Agreement with Hindalco Industries, part of the Aditya Birla Group. This agreement entails the supply of 100 MW of Round-the-Clock (RTC) renewable energy to Hindalco's smelter plants in Odisha, contributing to the development of approximately 330 MW of solar and wind capacity. Describing this project as a significant achievement in Ayana's journey to becoming a provider of demand-driven energy solutions, the company emphasized its commitment to becoming India's most cost-effective power supplier by utilizing a unique combination of solar, wind, and pumped hydro technologies. Additionally, Ayana Renewable Power stated that this project will increase its cumulative capacity under management to nearly 5 GW, covering operations, maintenance, and development. Shivanand Nimbargi, the Managing Director and CEO of Ayana Renewable Power, highlighted the company's dedication to advancing India's energy transition. He noted that this project represents a groundbreaking accomplishment in the industrial sector, delivering 100 MW of continuous, environmentally friendly power round-the-clock. Ayana Renewable Power has also recently secured a contract through the REMCL tender to provide 300 MW of RTC power to a Joint Venture company of the Ministry of Railways and RITES Ltd. See also: NTPC & OIL join forces for renewable energy & decarbonisation 35% surge in capital outlay for roads and renewables by 2024: CRISIL

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code