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Hyundai Motor signs Power Purchase agreements with FPEL TN Wind Farm

21 Nov 2024 Evaluate

Hyundai Motor India has signed Wind Power Purchase agreement and Solar Power Purchase agreement with FPEL TN Wind Farm (Producer) on November 20, 2024. The purpose of entering into the agreements is for enhancing Company’s source of Renewable power Energy. Producer will establish Solar Power Plant with a 75 MW capacity & Wind power of 42.9 MW capacity in Tamil Nadu having capacity of 118 MW under Group Captive Model for supply of Renewable Energy to the Company. 

Hyundai Motor India is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. It is the second largest automobile manufacturer in India.


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