New Launch27 Mar 2026, 08:48 am
Jindal Stainless and Oyster Renewable Advance Industrial Decarbonisation with 315.6 MW Hybrid Power Project
AI Summary
Jindal Stainless, India’s leading stainless steel manufacturer, and Oyster Renewable Energy Pvt Ltd have announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh. The project, developed by Oyster Renewable, includes a committed investment of ₹132 crore from Jindal Stainless and is expected to enable Jindal Stainless to abate around 6.5 lakh metric tonnes of carbon emissions per year. The project also incorporated local workforce participation and regional supply-chain engagement during construction and deployment.
Key Highlights
- Jindal Stainless and Oyster Renewable have announced a 315.6 MW solar-wind hybrid renewable energy project in Madhya Pradesh and Gujarat.
- The project is expected to enable Jindal Stainless to abate around 6.5 lakh metric tonnes of carbon emissions per year.
- The project is designed to support Jindal Stainless’ transition towards a cleaner and more resilient energy mix.
- The project integrates bifacial solar modules with tracker systems alongside advanced Suzlon 3.15 MW wind turbines in a co-located hybrid configuration.
- The project also incorporated local workforce participation and regional supply-chain engagement during construction and deployment.