61 MW Captive Solar Power Project by Lloyds Metals and Hinduja Renewables
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Source: Mercomindia.com
Lloyds Metals and Energy has signed two power purchase agreements with Hinduja Renewables to source 61 MW of captive solar power through a special-purpose vehicle, HR Godavari. Lloyds will acquire at least 26% equity in HR Godavari to comply with electricity rules for captive power projects. The project aims to provide significant cost savings for Lloyds' mining and pellet operations.
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT)
- Location
- India
- Updated
- 22 Jul 2026
- Source
- Mercomindia.com
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Lloyds Metals and Energy has signed two power purchase agreements with Hinduja Renewables to source 61 MW of captive solar power through a special-purpose vehicle, HR Godavari. Lloyds will acquire at least 26% equity in HR Godavari to comply with electricity rules for captive power projects. The project aims to provide significant cost savings for Lloyds' mining and pellet operations. |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | Mercomindia.com |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT) |
Article published date | 2025-05-23 |
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