Latest news with #JaksonGreen
Time of India
30-07-2025
- Business
- Time of India
Jakson Green signs first wind Power Purchase Agreement with GUVNL for 100 MW project
Green energy transition platform Jakson Green on Wednesday said through its subsidiary JGRJ Three Solar Private Ltd it has signed its first wind Power Purchase Agreement with Gujarat Urja Vikas Nigam Ltd ( GUVNL ) for a 100 MW project . The two companies have signed a 25-year Power Purchase Agreement (PPA) at a tariff of Rs 3.59 per unit, under GUVNL's Wind Tender (Phase VIII), a company statement said. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Degree Management Healthcare Finance Artificial Intelligence Digital Marketing Others PGDM Project Management others Technology Data Science Public Policy Data Science Product Management CXO MBA Leadership healthcare MCA Design Thinking Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details This 100-MW Gujarat-based project is expected to deliver over 300,000,000 kWh units of energy annually, offsetting approx. 250,000 tonnes of CO₂ emission in a year. The energy generated from the power project will be procured by GUVNL, a company statement said. "Our first wind power PPA with GUVNL marks our entry into utility-scale wind energy. This is a natural progression for Jakson Green, building on our solar and hybrid portfolio , and underscores our commitment to diversifying our green energy solutions and accelerating India's transition to a sustainable future," Kannan Krishnan, Managing Director of Jakson Green, said. Live Events The project is expected to become operational within 24 months. "India's immense wind energy potential, estimated at over 695 GW, positions our country as one of the global leaders in installed wind capacity," says Krishnan Rajagopalan, Head - IPP, Jakson Green. Rajagopalan further noted that "this vast resource, especially in states like Gujarat, provides a viable pathway to a sustainable energy future for the nation, and we are committed to playing a role in harnessing it." Jakson Green is a green energy transition platform, offering engineering, procurement and construction (EPC) and operations and maintenance (O&M) services for renewables and green molecule projects in the domestic and international markets and is backed by the Jakson Group.
Time of India
10-06-2025
- Business
- Time of India
Jakson Green bags operation & maintenance order of 1 GWp solar portfolio
New Delhi: Renewable energy player Jakson Green has secured new operation and maintenance projects of 1 gigawatt peak (GWp) solar portfolio. The company has secured the new project through its asset management arm - Jakson Green Renewables, it said in a statement. With the latest additions, Jakson Green's total operation and maintenance (O&M) portfolio now stands at 5 GWp. These projects comprise four high-capacity solar projects , ranging from 75 MWp to 435 MWp, strategically located across Rajasthan, Chhattisgarh, and Tamil Nadu. "With a portfolio now at 5 GWp, we are well-positioned to drive sustainable energy solutions across India and beyond. Our focus remains on delivering superior operational performance and maximising returns for our clients," Kannan Krishnan , Joint Managing Director of Jakson Green, said. The Noida-based company has a solar EPC portfolio exceeding 8 GWp globally, 5 GWp of renewable O&M, and over 1.5 GWp of assets under development. PTI
Reuters
30-01-2025
- Business
- Reuters
Macquarie Asset owned Blueleaf to invest $400 mln in Jakson Green's India solar assets
Jan 30 (Reuters) - Renewable energy platform Blueleaf Energy, owned by a Macquarie Asset Management managed fund, will invest $400 million in 1 gigawatt (GW) of solar projects of India's Jakson Green in the northwestern state of Rajasthan, the companies said on Thursday. The investment will be made in three solar projects, which are expected to be commissioned in 2025-2026 and will be funded through a combination of debt and equity, the companies said. Advertisement · Scroll to continue Report this ad There is a growing interest in renewable energy assets in India as the country aims to increase its non-fossil fuel capacity to 500 GW by 2030 from about 162 GW at present and is still short of its much-publicised pledge to add 175 GW by 2022. In December, Indian billionaire Sajjan Jindal led JSW Energy ( opens new tab acquired renewable energy platform O2 Power's subsidiaries in a deal worth $1.47 billion. Blueleaf Energy and Jakson Green are also targeting setting up more than 5 GW of renewable capacity in India by 2030, they said. Singapore-headquartered Blueleaf Energy has more than 7 GW of solar, wind and storage projects in the development pipeline, while Jakson Green has more than 1 GW of renewable energy assets under development. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
