Oyster Renewable Energy has begun Phase-2 of its wind-solar hybrid power project with battery storage in Agar Malwa, Madhya Pradesh, with foundation stone laid on October 27 by MP Mahendra Solanki in presence of MLA Madhu Gehlot and MD & CEO Siddharth Bhatia, following commissioning of Phase-1. The company plans to invest over Rs 6,500 crore to develop around 800 MW hybrid capacity in MP, designed for over 30 years operational life.
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