To set-up a Greenfield Plantat Okhali, in Uttarakhand.

Kundan Green Energy hasannounced its mandate to develop a Greenfield hydropower plant at Okhali in thestate of Uttarakhand. The Government awarded the project to Kundan Green Energyin continuation of the company’s consistently demonstrated record of executinghydropower projects on best-in-class standards, committed timeframe, andoptimal results.

To be completed in 2028,the project will generate 42MW of power (with a future potential to expand thisto 60MW), adding very substantially to the state’s renewable energy generation.The Okhali project is part of the larger mandate to add a total of 80MW throughGreenfield projects to Uttarakhand’s hydropower generation capacity at aninvestment of `1,000-crore byKundan Green Energy, per an agreement signed late last year.

Once commissioned, the Okhaliproject will take the combined hydropower capacities of Kundan Green Energy to 270MWfrom the present 104MW (+ an additional 24MW at the under-construction project atRally Chu in Sikkim).

“The most versatile andbest suited source of green energy, hydropower is also complex, long haul andcapital intensive. The state of Uttarakhand has very vast untapped potential inhydropower, which we are working to develop based on international benchmarks,”said Udit Garg, Director and CEO, Kundan Green Energy.

“The most versatile andbest suited source of green energy, hydropower is also complex, long haul andcapital intensive.”

-      Udit Garg, Director and CEO, Kundan Green Energy.