Oyster Renewable Energy, in collaboration with Jindal Stainless, has begun the partial commissioning of a 315.6MW hybrid solar-wind renewable energy project in Agar-Malwa, Madhya Pradesh, India.
This initiative marks a significant step forward in adopting clean energy within India’s industrial sector.
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Designed by Oyster Renewable, the project represents an investment exceeding Rs20bn ($212.4m), with Jindal Stainless contributing Rs1.32bn.
The installation spans the states of Madhya Pradesh and Gujarat, generating approximately 216MW in the former and 99MW in the latter.
The commissioning process has begun with the Madhya Pradesh facility, with plans to follow in Gujarat.
The project integrates bifacial solar panels with tracking systems and advanced Suzlon 3.15MW wind turbines into a single hybrid setup.
By combining solar and wind generation, it delivers a more balanced output profile, improving power availability and providing steadier renewable energy for industrial use.
Once fully operational, the project is expected to enable Jindal Stainless to reduce carbon emissions by around 650,000t per annum, underscoring the importance of hybrid renewable solutions for energy-intensive industries.
Jindal Stainless managing director Abhyuday Jindal said: “As we cater to the growing needs of the nation, sustainability continues to anchor our long-term growth strategy.
“Our partnership with Oyster Renewable for this hybrid renewable energy project represents an important step in strengthening our clean energy portfolio and reducing the carbon intensity of our operations.
“Large-scale renewable collaborations like these will play a crucial role in accelerating industrial decarbonisation across India.”
Oyster Renewable Energy managing director and CEO Siddharth Bhatia said: “This project represents Oyster’s capability to develop and execute large-scale hybrid infrastructure with capital discipline and technological depth.
“Our self-developed asset for Jindal Stainless Limited reflects this approach – combining solar and wind to deliver stable, cost-efficient, renewable energy while reducing carbon emissions by approximately 6.5 lakh tonnes per year.
“As India accelerates towards its net-zero ambitions, industrial decarbonisation will be pivotal. Beyond infrastructure delivery, we prioritise local workforce participation and community integration to generate long-term economic value in the locality.”
