Greenko Group and Ayana Renewable Power (Ayana), which is sponsored by the National Infrastructure Investment Fund (NIIF), have agreed to provide standalone storage capacity to build firm and dispatchable RE solutions, including RTC of up to 1 GW.
The two companies announced in a joint statement that this will be the first of its kind partnership between two independent power producers (IPP).
The electricity would be distributed to various manufacturing enterprises in India, including steel, aluminium, and other production facilities, as well as power distribution organisations.