
Deals5 Feb 2025, 11:00 pm
Sandhar Technologies Limited Executes 20-Year Power Purchase Agreement with Clean Max Enviro Solutions
AI Summary
Sandhar Technologies Limited has executed a Power Purchase Agreement (PPA) with Clean Max Enviro Solutions Private Limited for a period of 20 years. The agreement is for the unit ‘Sandhar Technologies Limited (MH) - Unit-IIT’ at Plot No. I-11, Part-II, Taluka Khed, Kanhersar, Pune, Mabharashtra, 410505. The agreement, under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, will help the company in its sustainability and cost reduction goals. The agreement is for a planned capacity of 630 KWP with an yearly solar availability of 856251Units. The rate of tariff is fixed at Rs. 3.60 per unit (KWH), providing a saving of Rs. 5.39 per unit as compared to the prevailing rate of electricity.
Key Highlights
- Sandhar Technologies Limited executed a 20-year Power Purchase Agreement with Clean Max Enviro Solutions Private Limited.
- The agreement is for the unit ‘Sandhar Technologies Limited (MH) - Unit-IIT’ situated at Plot No. I-11, Part-II, Taluka Khed, Kanhersar, Pune, Mabharashtra, 410505.
- The agreement is under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
- The planned capacity is 630 KWP with an yearly solar availability of 856251Units.
- The rate of tariff is fixed at Rs. 3.60 per unit (KWH), providing a saving of Rs. 5.39 per unit as compared to the prevailing rate of electricity.