TAG: "Siddharth Bhatia"

News

Oyster Renewable, Jindal Stainless Part-Commission 315.6 MW Hybrid Power Project

Jindal Stainless and Oyster Renewable Energy have announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Madhya Pradesh. Being developed at an investment of INR 2,000 crore, the project, once fully operational, is expected to enable Jindal Stainless to abate around 6.5 lakh metric tonnes of carbon emissions per year

Siddharth Bhatia | March 30, 2026 | By News Bureau |  607

Vayona Energy Secures First India Market Order with 64.8 MW Wind Deal from Oyster Renewable Energy

Vayona Energy to supply 18 wind turbines for Andhra Pradesh project, marking its India debut following Siemens Gamesa acquisition and strengthening its onshore wind expansion strategy.

Siddharth Bhatia | February 16, 2026 | By News Bureau |  899

Oyster Renewable Secures INR 1,844 Cr Loan from Union Bank of India

Oyster has also finalized a 25-year Power Purchase Agreement (PPA) under captive power norms with a leading process industry unit. The project is expected to displace nearly eight lakh tons of CO₂ emissions annually, making a significant contribution to India's decarbonisation targets.

Siddharth Bhatia | September 29, 2025 | By News Bureau |  1156

Vikram Solar Secures 200 MW High-Efficiency Solar Modules Supply Order from AB Energia

Vikram Solar has bagged an order worth about INR 273 crore from AB Energia to supply 200 MW of high-efficiency M10R N-Type TOPCon solar modules for deployment across Maharashtra, Madhya Pradesh, and Gujarat.

Siddharth Bhatia | September 15, 2025 | By Mrinmoy Dey |  905

Government Slashes GST on Renewable Energy Devices from 12 Percent to 5 Percent

The GST Council has reduced the Goods and Services Tax (GST) on renewable energy devices and related parts from 12 percent to 5 percent, effective September 22, 2025, as part of its broader tax rationalisation reforms. It has also reduced GST on non-lithium-ion batteries to 18 percent from 28 percent.

Siddharth Bhatia | September 04, 2025 | By Mrinmoy Dey |  21822

Jindal Stainless to Procure 282 MW Wind-Solar Hybrid Power from Oyster Renewable Energy

Jindal Stainless has acquired a 33.64 percent stake in Oyster Green Hybrid One, a SPV of Oyster Renewable Energy for INR 79.20 crore to procure power for its plant from the upcoming 282 MW wind-solar hybrid captive project.

Siddharth Bhatia | June 03, 2025 | By Mrinmoy Dey |  1827

AB Energia Commissions 30 MWp Captive Solar Projects at Jindal Stainless’ Manufacturing Unit in Odisha

Jindal Stainless, in collaboration with AB Energia Solutions, has commissioned Odisha’s largest captive solar energy project at its Jajpur facility, comprising a 7.324 MWp floating solar plant and a 23.02 MWp rooftop system, totalling 30 MWp. The solar plant is capable of generating approximately 44.3 million units of green energy annually.

Siddharth Bhatia | April 23, 2025 | By Mrinmoy Dey |  1504

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Interviews

AB Energia MD Siddharth Bhatia Discusses Solar Innovations and Global Expansion

Siddharth Bhatia, Managing Director at AB Energia Solutions

Siddharth Bhatia | June 16, 2025 | By Abha Rustagi |  1931