Hinduja Renewables Energy Pvt Ltd (HREPL), the renewable energy arm of the Hinduja Group, has signed solar power delivery agreements with Höganäs India, a world leader in metal powder manufacturing, and Hirschvogel Components India, a global leader in steel and aluminium forging and machining. The agreements will support the offtakers’ industrial decarbonisation by scaling renewable energy consumption across their manufacturing clusters in India.
The combined 14 MWp contracted capacity under the two PPAs will be sourced from HREPL’s 35 MWp solar park in Nanded, Maharashtra. These projects are expected to offset around 0.53 million metric tonnes of CO₂e over their operational lifetime.
HREPL currently has a diversified 3 GW portfolio across solar, wind, hybrid and storage solutions. The company is executing a roadmap to expand this capacity to 10 GW by 2030 through targeted investments in storage and dispatchable renewable infrastructure. It is prioritising cluster‑based projects that deliver bankable, long‑tenured energy partnerships designed for manufacturers seeking sustainability, energy resilience and cost predictability.
“India’s manufacturing trajectory will be defined by the energy choices companies make. At HREPL we are building a 10 GW platform that pairs utility‑scale renewable generation with planned 2–4 GWh of battery storage and hybrid solutions to deliver firm, long‑tenured supply to industrial customers,” said Deepak Thakur, MD & CEO, Hinduja Renewables. “By aggregating demand across manufacturing clusters we can cut delivered energy costs by up to 15–20%, improve energy resilience and drive measurable emissions reductions in the order of millions of tonnes of CO₂e over the next decade.”
HREPL’s significant renewable energy partnerships in the past include an 86 MWp agreement with Lloyds Metals & Energy and a 10 MWp agreement with LG Electronics.
Hinduja Renewables Energy is one of India’s leading independent power producers with a diversified renewable energy portfolio spanning utility-scale, commercial, industrial and rooftop projects. The company provides integrated renewable energy solutions backed by solar, wind and battery storage infrastructure.
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