Oyster Renewables 2-GW Renewable Energy Capacity Expansion
Sector: Energy Storage • Location: Mumbai, India
Source: ET Energy World
Oyster Renewables plans to invest ₹16,000 crore to develop 2 gigawatt (GW) of renewable energy capacity in India by 2028. The project includes commissioning 300 MW capacity by December 1, 2025, with an additional 450 MW under construction and development to come online by the end of 2025. The investment for a 1-GW platform is about ₹8,000 crore, with ₹2,000 crore as equity and the balance as debt.
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Participants
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Company | Obfuscated Data |
Status
Original status | under construction |
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Contact
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Description
Description | Oyster Renewables plans to invest ₹16,000 crore to develop 2 gigawatt (GW) of renewable energy capacity in India by 2028. The project includes commissioning 300 MW capacity by December 1, 2025, with an additional 450 MW under construction and development to come online by the end of 2025. The investment for a 1-GW platform is about ₹8,000 crore, with ₹2,000 crore as equity and the balance as debt. The company also plans to introduce a battery energy storage system of about 10% of the total capacity to enhance grid integration and power sales. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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