Jindal Stainless, India’s leading stainless-steel manufacturer, and Oyster Renewable Energy, today announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh. Designed to support Jindal Stainless’ transition towards a cleaner and more resilient energy mix, the project is being developed by Oyster Renewable with a total investment of over INR 2,000 crore, including a committed investment of INR 132 crore from Jindal Stainless.
The project spans Madhya Pradesh and Gujarat, with 216 MW of solar and wind power to be generated in Madhya Pradesh and an additional 99 MW in Gujarat. It is being commissioned in phases, starting with the Madhya Pradesh facility, to be followed by the commissioning of the Gujarat facility.
The project integrates bifacial solar modules with tracker systems alongside advanced Suzlon 3.15 MW wind turbines in a co-located hybrid configuration. This design enables a more balanced renewable generation profile by harnessing both solar and wind resources, helping improve power availability and supporting the delivery of more stable renewable energy for industrial consumption.
The project, once fully operational, is expected to enable Jindal Stainless abate around 6.5 lakh metric tonnes of carbon emissions per year.
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