Tembo Global Secures 124 MW Solar Project in Maharashtra

Tembo Global Industries has announced its first power purchase agreement with the Maharashtra government to develop a 124 MW solar project, costing Rs 595 crore, over 18 months.

Tembo Global Industries announced on Tuesday that it has signed a power purchase agreement with the Maharashtra government for a new 124 MW solar project in the state.

This marks the company's first involvement in a renewable energy initiative, as revealed in an official exchange filing.

The project is expected to incur costs of approximately Rs 595 crore and will be developed over a period of 18 months.

(With inputs from agencies.)