Sunkind Energy, a clean energy company, announced on Monday that it has secured new solar power projects totaling approximately 20 megawatts (MW). The contracts have been awarded by Nahar Group and Jindal Group, according to a company statement.
For Nahar Group, Sunkind Energy will establish a 7.3 MW solar capacity in Ludhiana, Punjab, intended for captive purposes. Additionally, the company will set up a 19.6 MW captive solar project for Jindal Group in Nashik, Maharashtra.
Both projects will be executed in engineering, procurement, and construction (EPC) mode, with completion targeted by September 2024, as stated by Sunkind Energy founder and CEO Hanish Gupta. The company did not disclose the financial details of the projects. However, industry estimates suggest that 1 MW of solar projects typically requires an investment of around Rs 5-7 crore, including land costs.
Sunkind Energy, headquartered in Gurugram, India, is a prominent player in the clean energy sector specializing in the engineering, procurement, and construction (EPC) of solar power projects. The company has made significant strides in the renewable energy market, securing contracts with major industrial groups such as Nahar Group and Jindal Group.
Known for its expertise and reliability, Sunkind Energy is dedicated to delivering high-quality solar installations, ranging from small-scale setups to large megawatt-scale projects. With a strong focus on sustainability and innovation, Sunkind Energy aims to contribute to India’s renewable energy goals, boasting a robust order book and a reputation for timely project completion.
