Vibrant Energy To Set Up 198 MW Wind Farm Project For Amazon In Maharashtra The Project Will Generate 6,97,261

Updated on: 2 November 2023 7:19 pm

The approval comes with a caveat that the bid value may undergo adjustments to ensure that the deal maintains its financial equilibrium.

PTC India Greenlights ONGC's Rs 925 Crore Wind Power Takeover Photo: The approval comes with a caveat that the bid value may undergo adjustments to ensure that the deal maintains its financial equilibrium.

Vibrant Energy announced its plans to establish a 198-megawatt (MW) wind farm project for the prominent e-commerce company Amazon in Maharashtra.

Vibrant stated that a power purchase agreement (PPA) has been formally agreed upon with Amazon, marking the third such agreement between the two companies.

The project will be located in Osmanabad, Maharashtra, and is anticipated to generate 6,97,261 MWh of energy annually while contributing to a yearly reduction of 4,94,137 metric tonnes of CO2 emissions. The project is on schedule for commissioning in early 2025, according to Vibrant.

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Srinivasan Viswanathan, CEO of Vibrant Energy, expressed, "Transitioning to renewable energy is one of the most impactful means of reducing carbon emissions, and Vibrant is at the forefront of assisting Indian corporations in their journey towards achieving net-zero carbon electricity. We take pride in our continued partnership with Amazon, which includes this additional 198 MW wind project in Maharashtra."