Investment5 Feb 2026, 06:24 pm
JK Paper Ltd Approves Hybrid Renewable Power Plant for Rs. 500 Crore
AI Summary
JK Paper Ltd has announced the approval of a Hybrid Renewable Power Plant, comprising Solar and Wind Power, at a cost of approximately Rs. 500 crore. The strategic move aims to enhance the company's green energy and sustainability, reduce dependence on coal-based power, provide economical energy cost, and mitigate volatility. The project is expected to strengthen long-term energy security, contribute to carbon footprint reduction goals, and be commissioned in the third quarter of FY 2027-28. The financing will be through a mix of internal accruals and borrowings.
Key Highlights
- JK Paper Ltd approves a Rs. 500 crore Hybrid Renewable Power Plant
- The plant will comprise Solar and Wind Power
- The move aims to enhance green energy and sustainability
- The project is expected to reduce dependence on coal-based power and provide economical energy cost
- The plant is estimated to be commissioned in the third quarter of FY 2027-28