Kundan Green Energy gets approval for 42 MW hydropower plant

30 Apr 2024 , 10:07 AM

Kundan Green Energy has received approval for a 42 MW hydropower project in Okhali, Uttarakhand. This project is part of an agreement with the Uttarakhand government to develop a total of 80 MW greenfield hydropower capacity in the state, with an investment of ₹1,000 Crore.

The project is scheduled for completion by 2028 and will increase the company’s combined hydropower capacity to 270 MW from the current 104 MW.

Kundan Green Energy, a subsidiary of Kundan Group, is dedicated to advancing sustainable energy solutions for India’s energy security and transition to a greener future. Committed to sustainability, the company aims to contribute to India’s renewable energy target of 500 GW by 2030, leveraging efficient materials, techniques, systems, and processes.

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