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Century Enka enters into power purchase agreement with ABREL Century Energy
Jun-20-2026

Century Enka has entered into a power purchase agreement (PPA) with ABREL Century Energy (ABRELCEL), a special purpose vehicle (SPV), for setting up a 9.9 MW wind-solar hybrid power plant for procurement of power under the captive consumption mechanism. Wherein the Power generated will be supplied exclusively to one of the facilities located at Bhosari, Pune, Maharashtra under the Captive Rules.

In accordance with the provisions of the Electricity Act, 2003 read with the Electricity Rules, 2005, the company is required to hold a minimum of 26% of the equity share capital of the power producer to qualify as a captive user of the power generated by such power producer. The project will be operated by power producer. The scheduled commissioning date of the project is June 30, 2026 with a grace period of 3 months.

Century Enka (CEL) is engaged in the manufacturing and selling of ‘Synthetic Yarn’ and related products.

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