25-year deal to procure output of Nanded district solar project

Company leases 450,000 sq ft site from real estate firm K Raheja Corp

First phase due live in 2025, company reportedly exploring second site in Mahape

Company launches first facilities in India

Company investing $162.4 million to buy and develop 6.6-acre greenfield site in two phases

Company aims for 2.5 million sq ft of capacity and 250MW of solar power over next three years