New Solar Project in Rajasthan: Jakson Green and Blueleaf Energy Partnership
| Aspect | Details |
|---|---|
| Entities Involved | Jakson Green (India) and Blueleaf Energy (Singapore) |
| Project Type | Solar Projects |
| Capacity | 1 GW |
| Location | Rajasthan, India |
| Investment | USD 400 million (Rs 3,400 crore) |
| Project Composition | Three solar projects (Intra State and Inter State Transmission System projects) |
| Power Purchase Agreements | 25-year PPAs secured through bidding from RUVNL, SECI, and NHPC |
| Commissioning Timeline | Progressively in 2025-2026 |
| Renewable Energy Goals | Aim to add more than 5 GW of renewable energy to the Indian grid by 2030 |
| Energy Output | 1,800 GWh annually, enough to power 1.5 million households |
| Environmental Impact | Prevent 22 million tons of CO₂ emissions over 25 years; equivalent to removing 5 million cars |
| Job Creation | Jobs during construction and operational phases |
| Financial Support | Rs 2.96 billion from First Abu Dhabi Bank (Mumbai); Rs 600 million from HSBC |
| Investment Banker | Ernst & Young (EY) |
| EPC Model | Cost borne by the government; private sector provides engineering expertise |