Essar Power forays into renewables

The board of Essar Power Limited has approved an investment of Rs 3 billion in a 90 MW solar photovoltaic project to be set up at Bhander in Datia district of Madhya Pradesh, marking the company’s foray into renewable energy. This is a part of the company’s strategic decision to rebalance its power portfolio from coal-fired to green energy, after investing in hydrogen power in the UK. The proposed power plant will be set up on 105 hectares of land and will be executed in two parts: 33.7 MW and 56.17 MW.

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