Is it possible to loop-power a 4-20 ma signal mirror receiver?

Hello, I have the transmit end wired as “providing loop power” to it’s sensor. I am separately powering the transmitter.

On the receive end, is it possible to simply use the loop-powered 4-20ma PLC input, which is two wires?

I see the wiring diagram shows separate power, using four wires. For this configuration, must I separately power the unit and use “passive” mode to my PLC input, or is a completely two-wire loop power possible?

Thanks