The 435 MWp project is among the larger solar projects being developed in Uttar Pradesh and will add renewable power generation capacity to the state
he 4 GW expansion will be implemented in two phases of 2 GW each. The project cost, funding strategy and overall capacity plan remain unchanged following the relocation
The plan also proposes bringing more greenfield areas under the agriculture-cum-solar farm scheme and increasing the use of renewable energy across public infrastructure
The acquisition has been completed and does not fall under related-party transactions. No government or regulatory approval is required for the transaction
The company said the order will be executed by March 2027
According to the company, the transaction has reduced borrowing costs by about 150 basis points across the issuing SPVs
The project covers the middle section of the Jagalur–Kadakola transmission line and spans about 90.07 km
