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Jakson Green announces investment of Rs 3,500 crore

Chemicals  -  May 23,2024  - 

Jakson Green has announced an investment of Rs 3,500 crore through private equity investors and non-recourse financing.

This investment will focus on developing its renewable portfolio, including solar utility projects and green hydrogen, methanol, and ethanol, reported ET Energy world.

The company, which started operations less than two years ago, has already reached a global solar project capacity of 5 gigawatts-peak (GWp), including 1 GWp of assets it directly owns.

CEO and Managing Director Bikesh Ogra said in an interview with ET Energy world said, “We are spearheading a 4G ethanol production project for a key PSU client and have launched several projects targeting hydrogen production and dispensation for urban mobility, e-methanol production and CBG.”

He emphasized the company’s strategic focus on renewable energy derivatives, which are playing an increasingly crucial role in the transition to low-carbon energy sources.

Company : Jakson Green