Oyster Renewable, Dalmia Cement to build 31.6 MW hybrid project

Oyster Renewable Energy and Dalmia Cement (Bharat) Limited have announced plans to develop a 31.6 MW solar-wind hybrid renewable energy project in Kadapa district of Andhra Pradesh.

The project will involve an investment of around Rs 270 crore and combine 21.6 MW of wind capacity with 10 MW of solar generation. The hybrid project is expected to supply renewable energy for Dalmia Cement’s industrial operations, with commissioning targeted in 2027. 

The companies said the project is expected to reduce nearly 70,000 metric tonnes of carbon emissions annually.

Siddharth Bhatia, Managing Director and Chief Executive Officer of Oyster Renewable Energy, said the project supports decarbonisation in energy-intensive industries such as cement manufacturing.

The project also aligns with Oyster Renewable’s target of developing 3.5 GW of hybrid renewable energy capacity by 2030, supported by planned investments of around Rs 30,000 crore. 

According to Dalmia Bharat Limited, the project forms part of the group’s broader strategy to become carbon negative by 2040.

Dharmender Tuteja, Chief Financial Officer of Dalmia Bharat Ltd, said the hybrid power project would strengthen plant-level carbon efficiency while reducing dependence on conventional energy sources.

The companies also stated that the project would involve local workforce participation and regional supply-chain engagement in the Kandi village area of Andhra Pradesh.

Hybrid renewable energy projects combining solar and wind capacity are seeing increased adoption in India’s commercial and industrial sector as companies seek a stable, clean power supply and lower emissions.

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