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

23 Oct 2025 CW Team

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.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..