Hindustan Zinc (HZL) has executed long term renewable power delivery agreement (PDA) upto a capacity of 200 MW with SPV, namely Serentica Renewables India 4 on 02 September 2022.

With an intent to meet ESG goals of the HZL and also to secure renewable energy under a group captive power plant, Serentica Renewables India 4 has been incorporated to deliver power over a long-term period to the company under PDA.

This project will be funded on a 70:30 debt to equity basis.

Serentica Renewables India 4 will develop captive power projects in different parts of India as per location suitability and provide renewable power on a long-term basis.

It is expected that Serentica Renewables India 4 will commission its projects within 24 months of signing the PDA.

here is company details.

 

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