Hyundai Motor India Limited
Hyundai Motor plans to invest Rs.38 crore in two renewable energy plants in Tamil Nadu. The projects, a 75 MW solar plant and a 43 MW wind power plant, will operate in group captive mode to meet Hyundai Motor India Limited’s (HMIL) renewable energy needs. HMIL has signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy Limited (FPEL) for this initiative, reinforcing its commitment to sustainable energy solutions.
Location: Tamil Nadu
Estimated Value (Rs. Cr): 38
Sector: Renewable Energy
Project Stage: Conceptual/Planning
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