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December 13,2024

Indus Towers Signs PPA with JSW Green Energy for 130 MW RE

Indus Towers signed a Power Purchase Agreement (PPA) with JSW Green Energy Eight Ltd on December 12, 2024, to procure 130 MW of Renewable Energy from a Solar Plant under a captive model. Indus Towers will invest ₹38.03 crore for a 26% equity stake in the SPV. This move supports their net-zero emission goals, with the plant expected to be operational by March 2026, subject to approvals.

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