Jakson Green, Blueleaf Reach Financial Close for Rs 840 MWp Project
POWER & RENEWABLE ENERGY

Jakson Green, Blueleaf Reach Financial Close for Rs 840 MWp Project

Jakson Green and Blueleaf Energy have announced the financial close of their 840 MWp solar power projects in Bikaner, Rajasthan, marking a major milestone in their 1 GWp Rajasthan Solar Portfolio.

The portfolio comprises two ground-mounted solar plants of 280 MWp and 560 MWp, jointly owned by Blueleaf Energy and Jakson Green through its parent company Jakson Ltd. The financial closure, secured with Axis Bank, completes the funding for the partners’ entire 1 GW renewable portfolio in Rajasthan.

Both Bikaner projects are backed by 25-year power purchase agreements (PPAs) with the Solar Energy Corporation of India (SECI) for 280 MWp and NHPC Ltd for 560 MWp. The projects are now ready to enter the construction phase, joining the 140 MWp Bhawad Solar Project, which is already under construction and set for commissioning later this year.

Bikesh Ogra, Vice Chairman and Global CEO of Jakson Green, said, “Securing financial closure for the Bikaner Solar Projects demonstrates our commitment to advancing India’s clean energy transition and the strength of our partnership with Blueleaf Energy.”

Pratyush Thakur, India Country Head for Blueleaf Energy, added, “Completing the funding of our Rajasthan Solar Portfolio takes us a step closer to our goal of adding over 5 GW of renewable energy capacity to India’s grid by 2030.”

Once operational, the Bikaner solar projects will generate enough electricity annually to power over 1.5 million Indian households, significantly contributing to India’s renewable energy goals.

Jakson Green and Blueleaf Energy have announced the financial close of their 840 MWp solar power projects in Bikaner, Rajasthan, marking a major milestone in their 1 GWp Rajasthan Solar Portfolio. The portfolio comprises two ground-mounted solar plants of 280 MWp and 560 MWp, jointly owned by Blueleaf Energy and Jakson Green through its parent company Jakson Ltd. The financial closure, secured with Axis Bank, completes the funding for the partners’ entire 1 GW renewable portfolio in Rajasthan. Both Bikaner projects are backed by 25-year power purchase agreements (PPAs) with the Solar Energy Corporation of India (SECI) for 280 MWp and NHPC Ltd for 560 MWp. The projects are now ready to enter the construction phase, joining the 140 MWp Bhawad Solar Project, which is already under construction and set for commissioning later this year. Bikesh Ogra, Vice Chairman and Global CEO of Jakson Green, said, “Securing financial closure for the Bikaner Solar Projects demonstrates our commitment to advancing India’s clean energy transition and the strength of our partnership with Blueleaf Energy.” Pratyush Thakur, India Country Head for Blueleaf Energy, added, “Completing the funding of our Rajasthan Solar Portfolio takes us a step closer to our goal of adding over 5 GW of renewable energy capacity to India’s grid by 2030.” Once operational, the Bikaner solar projects will generate enough electricity annually to power over 1.5 million Indian households, significantly contributing to India’s renewable energy goals.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code