First Abu Dhabi Bank extends credit worth Rs 2.96 billion to Jakson Green

Jakson Green Private Limited has secured credit worth Rs 2.96 billion from First Abu Dhabi Bank.

Uzbekistan is the first country where the company plans to expand. In this country, a 250 MW solar photovoltaic power plant and integrated battery energy storage system of 63 MW/126MWh will be constructed and operated. The project is being set up in Bukhara, Uzbekistan. Jakson Green has recently set up an electrolyser manufacturing unit to support its global green hydrogen projects. The company aims to reach a cumulative production capacity of more than 0.5 million metric tons per annum of green molecules by 2030.