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Jindal Stainless, AB Energia Solutions commission solar energy project in Jajpur

Jindal Stainless Ltd. | Steel & Iron Products | Metals & Mining | BSE: 532508 | NSE: JSL

22 Apr 2025 Evaluate

Jindal Stainless, and one of India’s leading clean energy solution providers, AB Energia Solutions have successfully installed and commissioned a pioneering solar energy project at Jindal Stainless’ manufacturing unit in Jajpur, Odisha. This ground-breaking initiative boasts a cumulative capacity of over 30 MWp, making it the largest captive solar energy plant within a single industrial campus in Odisha.

The solar energy plant installed by Jindal Stainless at its Jajpur unit in partnership with AB Energia comprises a 7.324 MWp floating solar plant and a 23.02 MWp rooftop solar system. The state-of-the-art plant is capable of generating around 44.3 million units (MU) of green energy annually, significantly reducing the Jajpur unit’s dependence on conventional grid electricity. This is equivalent to powering 12,000-15,000 households or cutting CO2 emissions by 32,208 metric tonnes annually.

Guided by a vision of engineering excellence, transparency, and sustainability, AB Energia delivers end-to-end, tailor-made energy solutions- including floating solar, industrial rooftop, carport, and ground-mounted solar installations- that help large industries and communities significantly reduce their carbon footprint. AB Energia’s solutions empower its clients to optimize energy use, lower operational costs, and contribute meaningfully to India’s decarbonization journey.

This milestone marks a significant step towards a greener future, reinforcing Jindal Stainless’ commitment to sustainable growth. The company plans to achieve its Net Zero target by 2050 through various sustainability efforts. It has also committed to investing Rs 700 crore in multiple decarbonisation projects over the next five years.

Jindal Stainless (JSL) is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Jindal Stainless Share Price

787.90 -1.55 (-0.20%)

17-Apr-2026 16:59 View Price Chart

Peers

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Jindal Stainless, AB Energia Solutions commission solar energy project in Jajpur

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