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August 08,2025

Oyster Renewables to Invest ₹16,000 Cr in 2GW Renewable Energ by 2028

Mumbai-based Oyster Renewables plans to invest ₹16,000 crore to develop 2 GW of Renewable Energy capacity in India by 2028. The company will commission 300 MW by December 2025, with another 450 MW under construction. The 2 GW platform involves ₹2,000 crore in equity and the rest as debt. Oyster aims to contribute nearly 1% to India’s 500 GW 2030 renewable target and plans to add battery storage and adopt AI and robotics for operational efficiency.

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