Roofsol Energy Signs PPA with Lloyds Metals and Energy for 5.5 MWp Solar Power Project
Roofsol Energy has announced that it has signed a PPA with Lloyds Metals and Energy Ltd to supply 5.5 MWp of solar power under the OPEX model, supporting the latter’s manufacturing operations in Maharashtra with clean energy.
January 21, 2026. By Mrinmoy Dey
As part of the agreement, Roofsol Energy will develop, own, and operate a 5.5 MWp captive solar power plant in Maharashtra to meet a portion of Lloyds Metals’ manufacturing and operational energy requirements, while reducing its reliance on conventional power sources. The project aligns with LMEL’s broader strategy of integrating sustainability into its rapidly expanding metals and mining operations.
“The project is expected to generate approximately 8.5 million units of green electricity annually, helping offset nearly 7,000 tonnes of CO₂ emissions each year, a significant step towards lowering carbon footprint and strengthening long-term sustainability goals,” stated Roofsol.
Roofsol Energy is an EPC and Independent Power Producing company investing in RESCO and Group captive projects all over India. Last week, the company signed a PPA with Ganesh Consumer Products to develop a 2.55 MWp OPEX solar project across Howrah and Islampur in West Bengal, Agra in Uttar Pradesh, and Hyderabad in Telangana.
Earlier this month, the company signed a 25-year PPA with Nagarjuna Cement for 10.2 MWp rooftop solar projects across the latter’s integrated cement manufacturing and grinding plants in Andhra Pradesh and Telangana.
Roofsol also announced its partnership with automotive component manufacturer Motherson Group to develop and deploy 12.8 MWp of rooftop and behind-the-meter solar projects across the latter’s manufacturing facilities in Tamil Nadu, Maharashtra, Karnataka, Uttar Pradesh, Andhra Pradesh, Haryana, and Puducherry under a mix of OPEX (RESCO) and CAPEX models.
In May 2025, the company raised INR 210 crore from Aseem Infrastructure Finance to develop 92.66 MWp of IPP and group captive solar assets across India. The company also announced the successful commissioning of 14 solar EPC projects with a combined capacity of about 29 MWp across 12 Indian states and 5 industrial sectors.
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