Cyient DLM Limited, an electronics manufacturing company, has signed a Memorandum of Understanding (MoU) with Arcedo Systems to install a 500 kWp rooftop solar power plant at its facility in Mysore, Karnataka.
Under the agreement, Arcedo Systems will handle the design, engineering, installation, and maintenance of the solar plant. The project will function on a long-term Power Purchase Agreement (PPA), wherein Cyient DLM will buy the electricity generated by the solar plant.
The initiative aims to enhance Cyient DLM’s use of renewable energy while achieving energy cost savings. It aligns with India’s broader renewable energy objectives and contributes to the integration of solar power in industrial operations.
The project details and the specific implementation timeline have not been disclosed. The agreement emphasizes the companies’ focus on environmentally responsible practices in industrial operations.