+
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
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?