Jindal Stainless partners with ReNew Power to setup 300 MW renewable energy project

Stainless-steel manufacturer, Jindal Stainless today signed a contract with ReNew Power, to develop a utility-scale captive renewable energy project for the supply of power to its facility in Jajpur, Odisha.

The project will generate 700 million units per year through a mix of solar and wind technologies, the company said in a statement, adding that the wind-solar hybrid solution, with a high-capacity utilization factor, is expected to generate a significantly higher amount of energy per unit of the contracted capacity.

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