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Kundan Green Energy to set up greenfield plant in Uttarakhand

Monday, 29 Apr 2024
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Kundan Green Energy has announced its mandate to develop a greenfield hydropower plant at Okhali in Uttarakhand. The government has awarded the project in continuation of the company’s consistently demonstrated record of executing hydropower projects on best-in-class standards, committed time-frames and optimal results.

To be completed in 2028, the project will generate 42 MW of power, with a future potential to expand this to 60 MW, adding substantially to the state’s renewable energy generation. Once commissioned, the Okhali project will take the combined hydropower capacities of Kundan Green Energy to 270 MW from the present 104 MW, plus an additional 24 MW at the under construction at Rally Chu in Sikkim.

The Okhali project is part of the larger mandate to add a total of 80 MW through greenfield projects to Uttarakhand’s hydropower generation capacity at an investment of Rs 1,000 crore by the company, as per an agreement signed late last year. 

Uttarakhand has untapped potential in hydropower, and the company is working to develop based on international benchmarks,  Kundan Green Energy, a wholly-owned subsidiary of the Kundan Group is committed to making incremental contribution in consistently generating sustainable green energy alternatives through optimal efficiencies in materials, techniques, systems and processes. The company’s salient strength is execution excellence, with its mean average in commissioning plants at four to five years.

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