Higher interest rates could increase the cost of debt for renewable energy, storage, power and associated infrastructure projects
Oyster Renewable will develop a 48 MWp solar-wind hybrid project in Andhra Pradesh for MS Agarwal Foundries, generating an estimated 12.2 crore units annually and avoiding 86,620 tonnes of CO₂
The project, located at Ambalathara and adjoining villages in Hosdurg Taluka of Kasargod district, is expected to generate around 17.7 million units of renewable electricity annually
In his new role, Arora will oversee the company's financial strategy, capital management and long-term financial planning
It will be Oyster Renewable’s third project in Gujarat
