Prozeal Green Energy, Grasim Join Hands for 70 MW Hybrid Project Worth USD 100 Million
Prozeal Green Energy signed a USD 100 Million deal with Grasim Industries to develop a 70 MW wind-solar hybrid project.
November 11, 2025. By EI News Network
Prozeal Green Energy Ltd. an Ahmedabad-based renewable EPC and IPP company, has entered into a Power Purchase Agreement (PPA) with Grasim Industries Ltd. for the development of a 70 MW Wind-Solar Hybrid Project valued at approximately USD 100 million.
The project will comprise 49.50 MW in Gujarat and 20.50 MW in Andhra Pradesh, strengthening Grasim’s clean energy portfolio while contributing to India’s decarbonisation goals.
“This partnership with Grasim Industries reinforces our commitment to accelerate India’s transition toward sustainable energy solutions. It’s a testament to our dedication, consistency, and expertise in delivering reliable renewable energy infrastructure,” said Manan Thakkar, Managing Director, Prozeal Green Energy Ltd.
The initiative highlights Prozeal’s growing leadership in hybrid renewable systems, seamlessly integrating solar, wind, battery energy storage (BESS), and green hydrogen technologies to provide industries with efficient, long-term clean energy solutions.
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