Jakson Green Announces ₹3,500 Crore Investment in Renewable Energy Portfolio Expansion
Key Ideas
- Jakson Green plans a significant investment of ₹3,500 crore to boost its renewable energy portfolio, including solar utility projects and a focus on green hydrogen, methanol, and ethanol.
- The company, despite being relatively new, has achieved a global solar project capacity of 5 GWp, indicating rapid growth and development in the renewable energy sector.
- CEO Bikesh Ogra highlighted the company's commitment to renewable energy derivatives and outlined projects like ethanol production, hydrogen for urban mobility, e-methanol production, and green methanol initiatives.
- Jakson Green's strategic focus on green methanol and hydrogen projects, with upcoming ventures like a green methanol project and pilot projects targeting industrial applications, demonstrates a strong dedication to sustainable energy solutions.
Jakson Green, a key player in renewable energy, has revealed plans for a massive ₹3,500 crore investment to enhance its renewable energy portfolio. This investment will not only bolster solar utility projects but also emphasize ventures into green hydrogen, methanol, and ethanol. Despite its youth in the industry, the company has already attained a substantial global solar project capacity of 5 GWp, with 1 GWp directly owned. CEO Bikesh Ogra shared insights on the company's initiatives, including a 4G ethanol production project and various projects addressing hydrogen for urban mobility, e-methanol production, and green methanol. Ogra stressed Jakson Green's strategic direction towards renewable energy derivatives, essential in the shift towards low-carbon energy sources. Furthermore, the company's advancements in green methanol and hydrogen projects are evident, with plans to commission a green methanol project soon and ongoing pilot projects for industrial applications like refineries and steel plants. Jakson Green's proactive steps towards sustainable energy solutions illustrate a positive outlook for the future of renewable energy development.
Topics
Green Hydrogen
Renewable Energy
Investment
Industrial Applications
Urban Mobility
Solar Projects
Ethanol Production
Low-carbon Energy
Green Methanol
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