India, June 22 -- Century Enka Limited has entered into a Power Purchase Agreement (PPA) with ABREL Century Energy Limited (ABRELCEL), a Special Purpose Vehicle (SPV), for the development of a 9.9 MW wind-solar hybrid power plant under the captive consumption mechanism.
The company clarified that the scheduled commissioning date for the project was inadvertently disclosed as June 30, 2026, in an earlier communication. The correct commissioning date is June 30, 2027, with a grace period of three months.
Under the agreement, the power generated from the hybrid renewable energy project will be supplied exclusively to Century Enka's manufacturing facility at Bhosari, Pune, Maharashtra, in accordance with captive power regulations. The project...