Jindal Stainless Limited, in collaboration with AB Energia Solutions Pvt. Ltd, has successfully commissioned a landmark solar energy project at its Jajpur manufacturing facility in Odisha. With a combined capacity exceeding 30 MWp, the installation is now the largest captive solar energy plant situated within a single industrial campus in the state.
This innovative project comprises a 7.324 MWp floating solar plant strategically placed on an internal reservoir and a 23.02 MWp rooftop solar system spread across ten industrial buildings of varying elevations. The integration of floating solar not only produces clean energy but also minimises water evaporation, turning idle water bodies into productive assets. The rooftop component optimises space utilisation while significantly enhancing energy generation capabilities.
The solar project is expected to generate approximately 44.3 million units (MU) of renewable energy annually. This will significantly reduce the Jajpur facility’s reliance on conventional electricity sources. In environmental terms, the project is set to curb carbon dioxide emissions by 32,208 metric tonnes every year, equivalent to the environmental impact of planting 1,288 trees annually or powering 12,000–15,000 households.
AB Energia, a key player in the solar EPC segment, brought its engineering expertise to the forefront to deliver this cutting-edge project. The company specialises in floating, rooftop, carport, and ground-mounted solar solutions. Its mission aligns with India’s national goal of achieving 500 GW of renewable energy capacity by 2030. By providing tailor-made energy solutions, AB Energia helps industries lower costs and reduce their carbon footprints, thereby supporting India’s decarbonisation journey.
This project underscores Jindal Stainless’ commitment to sustainable industrial practices. The company has set an ambitious target to achieve Net Zero emissions by 2050 and plans to invest ₹700 crore over the next five years in multiple decarbonisation projects.
Read More: Jindal Steel & Power Expands Steel Business with Allied Strips Acquisition!
On April 23, 2025, Jindal Stainless share price (NSE: JSL) opened at ₹581.90, slightly up from its previous close of ₹581.10. At 9:48 AM, the share price of Jindal Stainless was trading at ₹584.70, up by 0.62% on the NSE.
The commissioning of Odisha’s largest captive solar energy project at Jindal Stainless’ Jajpur unit is a pivotal moment in India’s clean energy movement. By blending innovation with sustainability, Jindal Stainless and AB Energia have set a benchmark for industrial green energy adoption, showcasing how large-scale manufacturing can align with global climate goals.
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Published on: Apr 23, 2025, 9:51 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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