Jindal Stainless Completes Investment in Renewable Energy Project
Jindal Stainless Limited announced on April 3, 2026, that it has completed its committed investment in a special purpose vehicle, Oyster Green Hybrid One Private Limited, formed in collaboration with Oyster Renewable Energy Private Limited. The vehicle is developing a 282 MW hybrid renewable energy project.Jindal Stainless had previously informed stock exchanges of the initial investment in June 2025. The company has now acquired an additional 4.60% equity stake, representing a total investment of ₹132 crore. The additional investment totaled ₹23.41 crore.The project is expected to produce approximately 700 million units of energy annually for captive consumption...