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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement