Delhi NCR, 4th January 2024: Juniper Green Energy, a leading player in the renewable energy sector, has inked a historic Memorandum of Understanding (MOU) with the Government of Gujarat during the Investment Promotion Activity for Vibrant Gujarat Summit 2024. The MOU signifies an ambitious collaboration to establish 1GW of Wind and Solar projects in the state, with a substantial investment of ₹8,000 Crores.
The signing ceremony took place on 3rd January 2024, at Gandhinagar, Gujarat, and underscores Juniper Green Energy’s commitment to bolstering India’s renewable energy infrastructure. This strategic move aligns with the company’s vision of contributing significantly to the nation’s sustainable energy goals.
Juniper Green Energy envisions the establishment of 1GW wind and solar projects in Gujarat, showcasing its commitment to sustainability and green energy adoption. The proposed employment generation of 1500 jobs reflects the company’s intent to contribute to the socio-economic development of the region. The transformative projects that encompasses both Wind and Solar energy, marks a pivotal moment in Gujarat’s journey towards clean and sustainable power. The proposed investment of ₹8,000 Crores underscores Juniper Green Energy’s dedication to advancing India’s green energy landscape and fostering economic growth.
Naresh Mansukhani, CEO of Juniper Green Energy, expressed his views on the collaboration: “We are thrilled to partner with the Government of Gujarat in this monumental venture. This MOU is a testament to our shared commitment to a sustainable and prosperous future. Juniper Green Energy looks forward to leveraging its expertise to drive innovation, create employment opportunities, and foster sustainable development in Gujarat.”
This collaboration with the Government of Gujarat marks a significant stride for Juniper Green Energy and reinforces the Company’s position as a key player in the renewable energy sector but also demonstrates its pivotal role in India’s transition towards cleaner and greener energy sources.