Zelestra India signs PPA with Seshasayee Paper and Boards
On 2 May, Zelestra India announced that it had signed a power purchase agreement to supply 39-MW solar-wind hybrid electricity to the Chennai-based Seshasayee Paper and Boards.
12 May 2025 | 404 Views | By Sai Deepthi P
As per reports, the project is expected to be commissioned by February-March 2026.
KV Sajay, CEO of Zelestra India, said, “Tamil Nadu has consistently led India's renewable energy transition, and our team’s 1+ GW execution experience in Tamil Nadu, makes it the perfect location for our first C&I wind-solar hybrid project. By combining the naturally complementary wind and solar technologies, we can deliver reliable power that effectively addresses the manufacturing sector's energy needs."
According to the PTI report, the project with a total capacity of 150-mw will be built, owned, and operated by the company under the Intra-State Open Access model. This will supply 7.2-crore units per annum, resulting in a reduction of 57.6-mt CO2 emissions annually.
N Gopalaratnam, chairman of Seshasayee Paper and Boards, reportedly stated that the company has always been at the forefront of adopting cleaner, greener production technologies, with more than 60% of the energy requirements of our Erode unit already being met through green sources."
In the statement, Zelestra India’s CEO said that this deal is just the initial phase of their commercial and industrial growth strategy, and the company plans to incorporate one-GW into its portfolio by 2026.