Indo National has successfully commissioned 4.60 MWp Solar Power Plant at Polepally Village, Jadcherla Mandal, Mehaboob Nagar District, Telangana at an investment of Rs 30 crore with an average revenue generation around Rs 4 crore per annum.
The company has entered in to PPA (Power purchase Agreement) with Deccan Hospitals, a unit of Apollo Hospitals Enterprise, Jubilee Hills, Hyderabad, Telangana for supply of power generated through above said Solar Plant for a period of 15 years.
Indo National (formerly known as Nippo Batteries Company) is a well-known name in the dry cell battery segment. Indo National was joint venture between Matsushita Electric Industrial Co (MEI) of Japan and Nippo Batteries to develop world class battery technology in India.