Ellenbarrie Industrial Gases signs PPA for 6 MW Hybrid Power Facility
Ellenbarrie Industrial Gases signed a Power Delivery and Offtake Agreement with Pattikonda Renewables for a 6 MW hybrid power facility. The company will invest approximately ₹7.08 crore to acquire a minimum 26% stake. The power sourcing agreement has a term of 25 years.
The agreement involves a significant investment and a long-term commitment for power sourcing, which will impact operational costs and sustainability initiatives.
The execution of a Power Delivery and Offtake Agreement for a renewable energy source and the associated investment are positive developments for the company.
Ellenbarrie Industrial Gases Limited has executed a Power Delivery and Offtake Agreement (PPA) with Pattikonda Renewables Private Limited, a Captive Generating Company.
The agreement, signed on January 10, 2026, at 11:00 AM IST, aims to enhance the company's renewable power sources. Pattikonda Renewables will establish a 6.00 MW Wind Solar Hybrid Power Generation Facility in the Ananthapur district of Andhra Pradesh to meet Ellenbarrie Industrial Gases' captive power requirements.
As part of the agreement, Ellenbarrie Industrial Gases will subscribe to a minimum of 26% shares in Pattikonda Renewables Private Limited by investing approximately ₹7.08 crore (Rupees Seven Crores Eight Lacs Only) in one or more tranches. The shares will be issued at ₹10 per equity share. The agreement for power sourcing has a term of 25 years from the commencement of commercial operations.
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Ellenbarrie Industrial Gases Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Ellenbarrie Industrial Gases Limited. Read the original for the full detail.