Roofsol Energy Pvt Ltd has announced the signing of a Power Purchase Agreement (PPA) with Lloyds Metals & Energy Ltd for the supply of 5.5 MWp of solar power under the OPEX model, marking another milestone in industrial decarbonisation.
Under the agreement, Roofsol Energy will develop, own, and operate a 5.5 MWp captive solar power plant in Maharashtra, supporting Lloyds Metals’ manufacturing and operational energy requirements while reducing its dependence on conventional power sources.
Lloyds Metals & Energy Ltd is emerging as a major global player in the minerals and metals sector. The company currently operates India’s largest iron ore mine and is aggressively expanding its dispatchable capacity to 26 MTPA through advanced BHQ beneficiation. With a strong operational base in Maharashtra, LMEL is also scaling its pellet production capacity from 4 MTPA to 12 MTPA and progressing toward vertically integrated, sustainable steel manufacturing.
Beyond iron ore, the company is expanding internationally with copper operations in the Democratic Republic of Congo (DRC) and is pioneering gold mining initiatives in India. Through its MDO arm, Thriveni EarthMovers Pvt Ltd, LMEL also has exposure to commodities such as coal, manganese, and barytes.
The solar 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. This aligns with Lloyds Metals’ long-term sustainability objectives while reinforcing the role of renewable energy in energy-intensive industries.
With this partnership, Roofsol Energy Pvt Ltd further strengthens its position as a trusted renewable energy partner for industrial and commercial enterprises, supporting India’s transition toward cleaner and more sustainable energy solutions.
