Reportedly, Oyster Renewables is set to invest Rs 160 billion to develop 2 GW of renewable energy capacity in India by 2028.
The company will fund the platform through Rs 40 billion in equity and the remaining Rs 120 billion through debt. The company is set to commission its first two projects, totalling 300 MW, by December 2025, with an additional 450 MW currently under construction and expected online by year-end.