The project marks Ingka Investments’ first utility-scale renewable energy investment in India and supports Ingka Group’s commitment to power all its operations with 100 percent renewable energy by 2030.
ib vogt secured the land, completed feasibility and design work, and obtained all necessary grid connectivity and regulatory approvals for the project. The company will oversee construction and provide operations management for the first three years. Once operational, the 210 MWp solar installation is expected to generate approximately 380 GWh of renewable electricity annually, providing more than enough clean energy to power Ingka Group’s expanding retail, distribution, and shopping centre operations across India.
The company currently operates across 32 countries and maintains a global development pipeline of more than 37.5 GWp of solar projects and over 9.4 GWp of battery energy storage system (BESS) projects. It has successfully monetised more than 1 GWp of fully developed projects to leading Indian independent power producers, underpinning its reputation for rigorous development standards and local market expertise.
“We are proud to support Ingka Investments on their first utility-scale renewable energy project in India” said Andreas Schell, CEO of ib vogt. “This transaction advances sustainability goals while delivering strong economic value through clean energy. With our proven track record, high engineering standards, and trusted suppliers, the project represents a low-risk, long-term investment. India is one of Asia’s most dynamic renewable energy markets, and this partnership reflects our commitment to delivering high-quality, large-scale projects with lasting environmental and economic impact.”
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