Blueleaf commissions 300 MWp Pachora hybrid project in Madhya Pradesh
Author: PPD Team Date: March 27, 2026
A pan-Asian renewable energy platform backed by Macquarie Asset Management has commissioned a 300 megawatt-peak (MWp) hybrid power project in Madhya Pradesh. The facility, developed by Blueleaf Energy, combines wind and solar generation and reflects a shift toward diversified clean energy infrastructure in India.
The Pachora Hybrid Power Project involves an investment of about Rs 1,900 crores ($230 million USD). It is expected to generate nearly 600 million units (MU) of electricity annually, sufficient to meet the consumption needs of over 550,000 households.
Electricity from the project will be supplied under a 15-year Power Purchase Agreement (PPA) with a leading Indian power trader. Separately, the environmental attributes will be transferred to a global technology company through a 15-year International Renewable Energy Credits (I-RECs) contract. This dual arrangement has supported the project’s financial structure.
The installation includes 35 wind turbines, a multi-site solar facility, and a dedicated pooling substation across 347 hectares. The project is expected to reduce emissions by about 550 kilotons of CO2 annually, equivalent to removing nearly 130,000 cars from operation.
Raghuram Natarajan, Chief Executive Officer (CEO) of Blueleaf Energy, stated that the project demonstrates the company’s ability to deliver hybrid solutions that address intermittency challenges. He noted that such models contribute to India’s target of 500 GW of renewable energy capacity.
Pratyush Thakur, Country Head for Blueleaf Energy in India, highlighted the company’s community initiatives under its Blueleaf CARES programme. These include environmental, healthcare, and skilling interventions in Madhya Pradesh, with similar efforts underway in Rajasthan.
The featured photograph is for representation only.
