Ayana signs PPA with Hindalco to set up 330 MW renewable energy plant

Ayana Renewable Power (Ayana) has announced the signing of power purchase agreement (PPA) with Hindalco Industries Limited to set up 330 MW of solar and wind power capacity for Hindalco’s smelter plants in Odisha. With a combination of solar, wind, and pumped hydro storage technologies, the project will guarantee 100 MW round-the-clock of carbon-free energy in collaboration with Greenko Energies. For this project, Ayana has received funding from the British International Investment, the National Investment and Infrastructure Fund, and the Green Growth Equity Fund.