Zelestra Secures 16.2 MW Wind-Solar Hybrid PPA with Daimler India Commercial Vehicles
Global renewable energy company Zelestra has signed a 16.2 MW PPA with Daimler India Commercial Vehicles to supply 29 GWh of wind and solar power annually to the latter’s factory in Oragadam, near Chennai.
March 20, 2025. By Mrinmoy Dey
As part of the agreement, about 29 GWh of renewable energy, from both wind and solar PV assets, will be supplied annually to the Daimler India Commercial Vehicles factory in Oragadam, near Chennai.
DICV manufactures commercial trucks and luxury buses under the BharatBenz brand as well as Daimler Trucks’ brands of FUSO, Mercedes-Benz and Freightliner at its factory in Chennai.
“The PPA demonstrates Zelestra’s ability to co-create tailor-made solutions for clients by utilising both wind and solar assets to meet the specific needs of DICV’s operations,” the company stated.
With a portfolio of 28 GW of carbon-free projects in 13 countries, Zelestra is a company specialised in the development, commercialisation, construction and operation of large-scale renewable energy projects.
The company was recently ranked among the top 10 sellers of clean energy to corporate customers globally by BloombergNEF (BNEF), and number 2 in Europe, the Middle East and Asia. Zelestra is backed by EQT, one of the world's largest funds, with more than EUR 269 billion in assets under management.
In India, Zelestra has strategically sited resources and a pipeline of over 5 GW of clean energy projects in 7 different states.
please contact: contact@energetica-india.net.
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