Greenko to set up hybrid energy project in Rajasthan

19 Mar 2021 Editorial Team

Indian renewable energy company Greenko Energy is set to develop a Rs 30,000-crore hybrid project in Rajasthan, of which one will be a pumped hydro storage project of 2,520 megawatt (MW) capacity at an estimated cost of Rs 11,882 crore.

The proposed hydro project is to be developed at Shahpur, Baran district of Rajasthan and is to be completed by 2023-24.

Greenko Group has a current operational capacity of about 7 gigawatt (GW) and a pipeline of around 8 GW.

Rajasthan has been promoting power storage solutions under the Rajasthan Solar Energy Policy 2019. The Rajasthan Renewable Energy Corporation (RREC) has received several proposals for energy storage projects following the policy incentives.

The hydropower-based storage project will be integrated with a combination of solar, wind and hydropower.

Rajasthan has set the target of 30,000 MW solar power projects up to 2024-25. The release added that the generated power would be used by discoms or other entities to meet their demand and for the fulfilment of the renewable purchase obligation as determined by RERC under the Solar Policy.

Greenko is an Indian renewable energy company with headquarters in Hyderabad. The firm has replaced fossil fuels with integrated decarbonised energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 6.2 GWdc across 15 States in India. The company has already initiated Integrated Renewable Energy Storage Projects in Karnataka, Madhya Pradesh and Andhra Pradesh.

Image Source

Also read: Eden secures $165 mn finance for 450 MW solar project

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..