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June 03,2025

Jindal Stainless Partners with Oyster for 282 MW Hybrid Energy Development

Jindal Stainless Limited announced the acquisition of a 33.64% stake in a Special Purpose Vehicle (SPV) with Oyster Renewable Energy to develop a 282 MW Hybrid Renewable Energy project. The ₹132 crore project, with ₹79.20 crore invested so far, aims to supply 700 million units of clean energy to its plants by Q3 FY 2025-26.

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