Godrej Powers Ahead: 20% Growth Target Set for Renewable Energy Expansion
The Energy Solutions business of the Godrej Enterprises Group, has announced its strategic focus on driving significant investments towards power infrastructure projects supporting India’s clean energy drive. Aligning with company’s broader vision of “Nation Building” to accelerate the adoption of renewable energy solutions, the business will prioritize Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its Power Infrastructure and green energy projects.
With a strong focus on
these states, Godrej Enterprises Group seeks to play a key role in building
power infrastructure for renewable energy, reducing reliance on fossil fuels,
and supporting the country’s commitment to achieving 500GW of non-fossil
fuel-based power by 2030. The business is targeting to grow at a CAGR of over
20% in the next 3-5 years, driven by its growing portfolio of Extra High
Voltage Power Transmission Projects up to 765kV and strategic investments in
solar power and green energy infrastructure.
Raghavendra
Mirji, Executive Vice President & Business Head, Energy Solutions business
of Godrej Enterprises Group said, “As the world accelerates its transition to clean energy, India’s
ambitious climate goals are setting the stage for an unprecedented shift. At
Godrej Enterprises Group, we are proud to contribute to this movement through
our strategic investments in Power Infrastructure projects across key states.
These states are key to India’s ambitious goal of achieving 500GW of non-fossil
fuel-based power by 2030. Through our innovative solutions & capabilities,
we aim to reduce carbon emissions, foster energy independence, and play a
leading role in shaping India’s energy landscape for the future.”
Godrej has successfully commissioned over 5.2 MW of
rooftop solar projects for an automobile company in Jaipur, Rajasthan, and
multiple rooftop installations exceeding 2 MW for real estate companies and
malls in Gurgaon, Haryana.
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