JK Paper Approves ₹5 Billion Hybrid Renewable Power Project

JK Paper Ltd has taken a significant step toward sustainable growth with the approval of a hybrid renewable power plant project valued at approximately ₹5 billion. The project reflects the company’s strategic focus on integrating renewable energy into its operations, enhancing efficiency, and reducing reliance on conventional power sources.

The hybrid model, combining solar and wind energy, is expected to deliver consistent power supply while lowering emissions. This move aligns with India’s broader renewable energy goals and positions JK Paper as a forward-looking player in the manufacturing sector.

Key Highlights:

• Project Approval: Board clears hybrid renewable power plant project.
• Estimated Cost: Investment pegged at ₹5 billion.
• Sustainability Focus: Designed to reduce carbon footprint and enhance energy efficiency.
• Hybrid Model: Integration of solar and wind energy for reliable supply.
• Strategic Vision: Strengthens JK Paper’s ESG commitments and long-term competitiveness.

Sources: Reuters, Economic Times, Business Standard