Endurance Technologies Ltd. and Tata Power Renewable Energy Ltd. (TPREL) announced they had signed a contract for the construction of a 12.5 MW captive solar facility in Maharashtra.

In this regard, it has already signed a Power Delivery Agreement (PDA) with Endurance Technologies Ltd through an SPV called TP Green Nature Ltd, according to a statement from TPREL.

The plant would be built in Maharashtra's Aachegaon and produce 27.5 million units (MUs) of electricity annually.

According to Endurance Technologies, this will lessen its annual carbon emissions by about 9,125 metric tonnes (MT) and lower its carbon footprint.

The project is expected to be completed within 12 months of the signing of the PDA.

"Our partnership with Endurance Technologies Ltd to set up a captive solar plant will support them in adopting sustainable energy solutions," TPREL CEO Ashish Khanna said.