Focus on ethanol, green hydrogen and others: Jakson Green to invest Rs 3,500 crore
Jakson Green announced a ₹3,500 crore investment through private equity and non-recourse financing to expand its renewable portfolio, including solar utility projects and green hydrogen, methanol, and ethanol. The company, with a 5 GWp global solar capacity, is leading a 4G ethanol project and launching hydrogen projects for urban mobility and industrial applications. CEO Bikesh Ogra highlighted their focus on low-carbon energy transitions.
Jakson Green, a prominent player in the renewable energy sector, has announced an investment of ₹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.
Ogra elaborated on the financial and strategic aspects of Jakson Green’s operations, highlighting recent advancements in green methanol and hydrogen projects. “We are commissioning a green methanol project next month and have pilot projects for hydrogen aimed at industrial applications like refineries and steel plants,” he stated.
Source Link: https://www.chinimandi.com/focus-on-ethanol-green-hydrogen-and-others-jakson-green-to-invest-rs-3500-crore/
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