Jaipur (Rajasthan) [India]: Renewable energy major Greenko is setting up a Rs 30,000 crore hybrid project in Rajasthan of which pumped hydro storage project. Greenko Energy to develop Rs 30,000 cr hybrid project in Rajasthan will cost Rs 11,882 crore.
The project when completed by 2023-24 will be the world’s largest renewable energy asset and contribute immensely to Rajasthan’s efforts as a model state in adoption of solutions for a sustainable future,” said Anil Chalamalasetty, Founder, Managing Director and CEO of Greenko Group.
The integrated renewable energy storage project will ensure achieving long-term stability and reduction of electricity prices by 20 per cent nationally while enabling grid stability, security and feasibility for a future of deep decarbonisation of Indian energy sector,” he said. Greenko Group has a current operational capacity of 7 gigawatts
and a pipeline of 8 GW.