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Jakson Green to invest Rs 86.66 billion in renewable energy expansion

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Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio.  The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy over the past two years. Its portfolio now includes distributed energy, solar modules and inverters, biofuels, and engineering, procurement, and…

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Jakson Green, Blueleaf Energy to develop solar projects in Rajasthan

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Jakson Green Private Limited (JGPL), a wholly owned subsidiary of Jakson Power Private Limited, has partnered with Blueleaf Energy Renewables Private Limited for the joint implementation of 700 MW/1,000 MWp solar power projects in Rajasthan.  The projects will require an estimated investment of Rs 34 billion (USD 400 million). JGPL secured: 400 MW under NHPC’s 3,000 MW ISTS-connected solar auction in November 2023 at Rs 2.53 per kWh. NHPC invited bids in June 2023, and…

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Jakson Green achieves milestone for methanol production for NTPC

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Jakson Green, in collaboration with NTPC, has synthesized methanol from carbon dioxide captured at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh.  The project, led by NTPC’s R&D unit, NETRA, captures CO2 directly from flue gas emissions and converts it into methanol, a clean fuel for power generation and transportation. This achievement marks the first instance of methanol production from captured carbon in India and is part of Jakson Green’s broader Power-to-X portfolio. The company…

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Juniper Green, Jakson Green, and RIH Renewables win 200 MW GUVNL wind project auction under Phase VIII

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Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have won Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 200 MW of grid-connected wind power projects in India under Phase VIII. Originally launched in July 2024 for 500 MW, GUVNL later reduced the auction capacity to 200 MW. Juniper Green secured 50 MW at a tariff of Rs 3.56 per kWh, RIH Renewables won 40 MW at Rs 3.59 per kWh, and Jakson…