The Greenko Group's integrated report for the period April 1, 2023, to March 31, 2024, highlights the company's progress in renewable energy, particularly in areas like wind, solar, and pumped hydro storage. The report also details Greenko's initiatives in areas like green hydrogen, electrolyser manufacturing, and sustainable practices.
Key Highlights from the Greenko Group's Integrated Report (2023-24):
Renewable Energy Portfolio:
Greenko's operational portfolio includes wind, solar, and hydro assets, with wind assets (3.2 GW) being the largest part. The group also has a significant pipeline of assets under construction, primarily pumped storage projects.
Pumped Storage Projects:
Greenko is actively developing pumped storage projects across various states in India. The Andhra Pradesh pumped storage project is at an advanced stage and is expected to be operational in the fourth quarter of financial year 2025.
Green Hydrogen and Electrolyser Manufacturing:
Greenko is investing in green hydrogen and electrolyser manufacturing to support the energy transition.
Sustainable Practices:
The report emphasizes Greenko's commitment to environmental sustainability, including initiatives like carbon emissions reduction, water conservation, and responsible resource management.
Intellectual Capital:
Greenko focuses on real-time asset monitoring and developing cost-competitive energy storage and green hydrogen solutions.
Financial Performance:
The report also includes financial details, such as the group's debt-to-equity ratio and revenue growth.
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