Jakson Green Powers Up with 250MW Solar Project in Uzbekistan
Indian energy transition platform Jakson Green has secured a significant credit facility to construct a 250MW solar power plant in Bukhara, Uzbekistan. This ambitious project is a major step towards enhancing sustainable energy infrastructure in the region.
The INR 2.96 billion (€0.03 billion) facility from First Abu Dhabi Bank (Mumbai) will also fund a 63MW integrated battery energy storage system, ensuring a reliable and efficient energy supply.
Chandan Goswami, Chief Financial Officer of Jakson Green, expressed his enthusiasm: “The support extended by First Abu Dhabi Bank empowers us to engage with diverse markets and capitalize on opportunities for sustainable growth. This project in Uzbekistan exemplifies Jakson Green’s dedication to delivering excellence in utility-scale renewable energy projects, both domestically and internationally. It highlights our commitment to advancing clean energy solutions and fostering global partnerships in the renewable energy sector.”
Nishad Kulkarni, Executive Director of First Abu Dhabi Bank India, echoed these sentiments: “We are pleased to support Jakson Green’s international expansion plans in the renewable space. This project aligns perfectly with our commitment to financing sustainable solutions and driving the transition towards a greener future. We are confident that Jakson Green’s expertise and experience will ensure the success of this landmark project globally.”
This partnership not only signifies a leap forward for renewable energy in Uzbekistan but also underscores Jakson Green’s pivotal role in the global transition to sustainable energy.
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