Waaree Renewable Technologies Ltd, an arm of Waaree Energies, has secured its largest-ever engineering, procurement, and construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine, a special purpose vehicle (SPV) of Jindal Renewables. The project, to be implemented in Bikaner, Rajasthan, will help reduce carbon footprint of Jindal Group’s steel production operations.
Under this collaboration, Waaree Renewable Technologies will oversee the design, engineering, procurement, supply, construction, testing, and commissioning of the solar PV project.
Bharat Saxena, president of Jindal Renewables, said, “This project aligns perfectly with our commitment to driving sustainability in the steel industry. Partnering with Waaree for lower emission steel production is just the beginning.”
Jindal Renewables is currently developing close to 3 GW of diverse renewable assets with power off-take completely locked in. It aims to develop around 12 GW of renewable energy assets, storage facilities, as well as significant green hydrogen production facilities by 2030 and become amongst the largest de-carbonization solution providers in the country.
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