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Energy and infrastructure company Jakson Group has launched its new venture, Jakson Green, focusing on green hydrogen, green ammonia, waste to energy, electrolyzers, fuel cells, and utility-scale battery energy storage systems. It will also provide solar and related operation and maintenance services.
As one of the first steps of the new venture, Jakson Group signed an agreement with a leading US-based fuel cell manufacturer to pursue hydrogen projects in India.
Jakson Group Chairman Sameer Gupta said, “We at Jakson Group feel delighted and excited about this new venture and are confident that it will scale great heights under its able leadership. This reflects Jakson Green’s commitment to sustainability, and we are happy to be part of the vision of our Prime Minister to make India carbon neutral by 2070.”
Jakson Group also announced the appointment of Bikesh Ogra as the Chief Executive Officer (CEO) and Managing Director of Jakson Green. Ogra has over 26 years of experience in the energy sector. In his last assignment, he was the Global CEO of Sterling and Wilson Solar. Kannan Krishnan will support Ogra as Chief Operating Officer of the company.
The company is present across the solar value chain, manufacturing solar modules and providing rooftop solar solutions and utility-scale EPC. Jakson’s operation and maintenance business has a strong presence in more than 16 states, with its portfolio growing to 1.6 GW in 2022.
Jakson Group recently emerged the winner in NTPC’s auction for the comprehensive operations and maintenance of a 250 MW solar project in Andhra Pradesh and a 5 MW solar project in Andaman and Nicobar Islands. It also won NTPC’s auction for operations and maintenance of the 260 MW solar project at the Bhadla Solar Park in Rajasthan.
Jakson Group was one of the winners in NTPC’s auction for a balance of systems (BoS) package for the 735 (3*245) MW Nokh solar project in Rajasthan. It quoted the lowest bid of ₹17.86 million (~$238,333) to provide a BoS for the third block of 245 MW.