New Delhi: Jakson Green Limited, a green energy transition platform and Blueleaf Energy, a leading pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the successful financial close of their 840 MWp Bikaner Solar Projects in Rajasthan, India.
The Bikaner 280 MWp and 560 MWp ground-mounted solar plants are part of the 1 GWp Rajasthan Solar Portfolio, which is jointly owned by Blueleaf Energy and Jakson Green through its parent company Jakson Limited. This financial close, secured with Axis Bank, India, marks the completion of funding for the entirety of the partners’ landmark portfolio.
The Bikaner projects, which hold 25-year PPAs with the Solar Energy Corporation of India Limited (SECI – 280 MWp) and NHPC Limited (560 MWp), are now ready to enter construction. They will join the portfolio’s Bhawad 140 MWp Solar Project, which is already under construction and scheduled for commissioning this year.
Bikesh Ogra, Vice Chairman & Global CEO of Jakson Green said, “Securing financial closure for the Bikaner Solar Projects is a testament to both our ability to deliver on our unwavering commitment to advance India’s energy transition and the strength of our partnership with Blueleaf Energy. This demonstrates our ability to execute projects and reinforces our position as a trusted player in energy transition.”
