Kundan Green Energy to invest Rs 10 billion in renewable projects by 2028
POWER & RENEWABLE ENERGY

Kundan Green Energy to invest Rs 10 billion in renewable projects by 2028

Kundan Green Energy has committed to a significant investment of Rs 10 billion to expand its renewable energy portfolio by 2028, aligning with India's ambitious goal of generating 500 GW of renewable energy. The company plans to invest between Rs 130 million and Rs 150 million per megawatt in new projects, aiming to enhance the national energy infrastructure to meet future demands.

The strategic importance of the expansion for the company's growth and its contribution to India's green energy transition. He stated that the expansion is vital for increasing renewable energy production capabilities and will play a significant role in aiding India's shift towards a sustainable energy future.

The expansion strategy will include the integration of advanced pumped storage systems in upcoming hydropower projects, which are essential for stabilising the grid and managing the variability of renewable energy. By prioritizing technological advancements and infrastructure improvements, Kundan Green Energy aims to enhance energy production efficiency and support India's commitments under the Paris Agreement. Additionally, the company is actively advocating for favourable government policies and incentives to support the hydropower sector while seeking to foster innovation through collaborations with academic and research institutions.

Kundan Green Energy has committed to a significant investment of Rs 10 billion to expand its renewable energy portfolio by 2028, aligning with India's ambitious goal of generating 500 GW of renewable energy. The company plans to invest between Rs 130 million and Rs 150 million per megawatt in new projects, aiming to enhance the national energy infrastructure to meet future demands. The strategic importance of the expansion for the company's growth and its contribution to India's green energy transition. He stated that the expansion is vital for increasing renewable energy production capabilities and will play a significant role in aiding India's shift towards a sustainable energy future. The expansion strategy will include the integration of advanced pumped storage systems in upcoming hydropower projects, which are essential for stabilising the grid and managing the variability of renewable energy. By prioritizing technological advancements and infrastructure improvements, Kundan Green Energy aims to enhance energy production efficiency and support India's commitments under the Paris Agreement. Additionally, the company is actively advocating for favourable government policies and incentives to support the hydropower sector while seeking to foster innovation through collaborations with academic and research institutions.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?