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Allcargo Terminals executes Power Purchase Agreement with Amokha Green Energy
Jan-30-2025

Allcargo Terminals has executed a Power Purchase Agreement (PPA) with Amokha Green Energy (AGEPL) for the procurement of Solar Power for its Container Freight Station (CFS) situated at Chennai on Group Captive Basis. The company gains benefit in terms of electricity saving as AGEPL is offering Solar Power at a reasonable rate in comparison to Tamil Nadu Generation and Distribution Corporation (TANGEDCO). 

The parties have executed the PPA wherein the Allcargo Terminals has agreed to consume minimum 80% of 3 lakh units of electricity per annum. As per a statutory requirement of the PPA, minimum holding of equity shares in respect of all the Group Captive Consumer will be 26%.

Allcargo Terminals is engaged in the business of operating Container Freight Stations.


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