Kundan Green Energy has successfully launched a 10 MW hydropower project in Himachal Pradesh, increasing its total operational hydropower capacity to 85 MW. Built at a cost of Rs 75 crore, the project was awarded by the Himachal Pradesh government in 2022, according to the company’s statement.
This marks the company’s seventh hydropower plant in the region. With the new addition, Kundan Green Energy’s overall functional capacity now stands at 120.5 MW, which includes 35.5 MW from solar and wind projects.
“We have completed the Luni hydro project in a record 24 months. Hydropower holds tremendous untapped potential, and we are committed to developing such projects to support India’s energy transition,” said Udit Garg, Director and CEO of Kundan Green Energy.
Earlier this year, the company received approval to set up a 42 MW hydropower plant in Okhali, Uttarakhand. This project is part of a larger agreement with the Uttarakhand government, signed last year, to develop 80 MW of greenfield hydropower capacity with a total investment of Rs 1,000 crore.
Kundan Green Energy is a division of the Kundan Group, dedicated to driving sustainability through renewable energy solutions. Specializing in solar power, the company focuses on harnessing clean energy to meet India’s growing energy demands while reducing environmental impact.
Kundan Green Energy develops and operates solar power plants and provides end-to-end solutions for industrial, commercial, and residential clients. By contributing to India’s renewable energy goals, the company plays a key role in the transition to a low-carbon economy, advancing sustainability efforts across multiple sectors.
