Tata Power Renewable Energy Limited (TPREL) has signed a power delivery agreement (PDA) with Xpro India Limited, through a special purpose vehicle (SPV), for the development of a 3.125 MW AC group captive solar plant.
The SPV will develop, operate, and maintain this captive solar power facility. The plant is expected to produce around 7.13 million units of electricity annually and will support the use of renewable energy for Xpro India’s polymer processing business. About 161 million units of electricity will be generated during the agreement term of 25 years and will mitigate approximately 51,660 tonnes of carbon dioxide emissions.