BluPine Energy on Monday, June 10, announced it has signed a power purchase agreement with APL Apollo Building Products, a wholly-owned subsidiary of APL Apollo Tubes. The company plans to set up a 61.65 MW solar plant in Chhattisgarh.
BluPine’s new solar plant is projected to generate about 94.5 Million units of electricity annually. It will offset more than 87,000 tonnes of carbon emissions each year. The solar plant will help reduce operating costs and increase energy efficiency for APL Apollo Building Products.
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BluPine Energy, established in India by Actis, plays a crucial role in the country’s renewable energy sector under Actis’ leadership. The upcoming solar project is a significant step toward enhancing energy efficiency and lowering operational costs for APL.
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