Hinduja Renewables to Scale Up to 10 GW With $4 Billion Push

Hinduja Renewables will take a big step in the renewable energy industry and increase its capacity to 10 gigawatts (GW) within the next five years by three-fold.

This is a bold step in the quest by the company to satisfy the increasing clean energy demand in India. To this effect, Hinduja will invest colossal amount of $4 billion in the expansion of its operations.

The company has already left an imprint in its current portfolio that has solar and wind energy projects. Hinduja hopes to boost its renewable energy capacity significantly by 2025, a move that is in line with the high targets of the country in reducing the carbon levels. It is considered that renewable energy will form the future of the Indian energy, and the growth will help the country drive towards cleaner energy solutions.

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Hinduja Renewables is not only expanding its capacity, but is also looking at the development of large-scale solar and wind projects. These projects will be very instrumental in assisting India to achieve its climate targets as well as increasing energy security.

Besides its expansion strategies, the company has the obligation to stick to innovative technologies to ensure efficiency and maximization of energy production. With the rising demand of sustainable energy, Hinduja can be considered one of the major players in the renewable energy market through its good opportunity in terms of investment and growth strategy. Through this bold step, the company will enhance its presence in the industry and have a significant role in the renewable energy process in India.