Sunkind Energy Secures 20 MW Solar Projects from Nahar and Jindal Groups

Sunkind Energy has secured solar power projects totaling around 20 megawatts from Nahar Group and Jindal Group. The projects, located in Punjab and Maharashtra, will be set up in EPC mode and are expected to be completed by September 2024. Financial details were not disclosed.

Clean energy firm Sunkind Energy announced on Monday that it has secured new solar power projects totaling around 20 megawatts (MW).

The contracts, awarded by Nahar Group and Jindal Group, involve setting up a 7.3 MW solar project in Ludhiana, Punjab, and a 19.6 MW project in Nashik, Maharashtra.

Both projects will follow the engineering, procurement, and construction (EPC) model and are expected to be completed by September 2024, according to Hanish Gupta, Sunkind Energy's founder and CEO. Financial specifics were not revealed, although industry estimates suggest investment could be around Rs 5-7 crore per MW, including land costs.

(With inputs from agencies.)