+
Zelestra and Daimler India Ink PPA for 16 MW Clean Energy Supply
POWER & RENEWABLE ENERGY

Zelestra and Daimler India Ink PPA for 16 MW Clean Energy Supply

Spain-based Zelestra has entered into an agreement with Daimler India Commercial Vehicles (DICV) for the supply of 16.2 MW of clean energy from its renewable energy project in Tamil Nadu. The power purchase agreement (PPA) will enable DICV to source green energy for its manufacturing facility in Oragadam, near Chennai.

Zelestra is currently developing a 149 MW hybrid renewable energy project, incorporating both wind and solar power, near Chennai. The agreement with DICV, a wholly owned subsidiary of Germany’s Daimler Truck AG, aligns with the company’s goal of enhancing sustainability in its manufacturing operations. The Oragadam facility produces commercial trucks and luxury buses under the BharatBenz brand, along with Daimler Trucks' FUSO, Mercedes-Benz, and Freightliner models.

With a strong presence in India’s renewable energy sector, Zelestra has an active development pipeline of 5 GW, of which 2.8 GW has already been contracted. The remaining capacity is expected to be secured by the end of 2026. The company operates a global portfolio of 28 GW across 13 countries, focusing on the development, commercialization, construction, and management of large-scale renewable energy projects.

The agreement with DICV reflects the growing adoption of renewable energy by industrial and automotive manufacturers in India, contributing to the country’s broader clean energy transition.

News source: Outlook Business

Spain-based Zelestra has entered into an agreement with Daimler India Commercial Vehicles (DICV) for the supply of 16.2 MW of clean energy from its renewable energy project in Tamil Nadu. The power purchase agreement (PPA) will enable DICV to source green energy for its manufacturing facility in Oragadam, near Chennai. Zelestra is currently developing a 149 MW hybrid renewable energy project, incorporating both wind and solar power, near Chennai. The agreement with DICV, a wholly owned subsidiary of Germany’s Daimler Truck AG, aligns with the company’s goal of enhancing sustainability in its manufacturing operations. The Oragadam facility produces commercial trucks and luxury buses under the BharatBenz brand, along with Daimler Trucks' FUSO, Mercedes-Benz, and Freightliner models. With a strong presence in India’s renewable energy sector, Zelestra has an active development pipeline of 5 GW, of which 2.8 GW has already been contracted. The remaining capacity is expected to be secured by the end of 2026. The company operates a global portfolio of 28 GW across 13 countries, focusing on the development, commercialization, construction, and management of large-scale renewable energy projects. The agreement with DICV reflects the growing adoption of renewable energy by industrial and automotive manufacturers in India, contributing to the country’s broader clean energy transition. News source: Outlook Business

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code