Simplex Castings Secures 25-Year Solar Power Agreement with Natraj Energy
Simplex Castings Limited, a leading precision metallurgy and casting solutions company, has entered into a 25-year Power Purchase Agreement (PPA) with M/s Natraj Energy. The partnership focuses on securing clean energy through a captive solar power project under the LongTerm Open Access (LTOA) mechanism in Chhattisgarh.Under the agreement, Natraj Energy, a renewable energy partnership firm based in Raipur, will develop, own, operate, and maintain a 5.5 MWp gridconnected solar power plant. This facility is designated to supply renewable electricity to Simplex Castings' manufacturing operations at Bhilai and Tedesara through the open-access captive consumption...