210-MWp Solar Project in Bikaner
Sector: Power Generation (CCGT) • Location: Bikaner, Rajasthan, India
Source: Renewables Now
Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has acquired a subsidy-free 210-MWp solar project in Bikaner, Rajasthan, marking its first renewable investment in India. The project has reached ready-to-build status and is expected to enter construction soon, with operations starting in December 2026. It is expected to generate 380 GWh of clean electricity annually
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Participants
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Status
Original status | planned |
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Description
Description | Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has acquired a subsidy-free 210-MWp solar project in Bikaner, Rajasthan, marking its first renewable investment in India. The project has reached ready-to-build status and is expected to enter construction soon, with operations starting in December 2026. It is expected to generate 380 GWh of clean electricity annually, powering IKEA’s retail, shopping centre, and distribution operations in India. Ingka Investments is partnering with German solar developer ib vogt, which will oversee construction and the first three years of operations. The investment is part of a larger renewable energy commitment to India and globally. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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