The SET label, launched in May 2022, reflects ENGIE’s global approach to ensure its renewable energy projects meet the highest standards of sustainability and community integration. This milestone highlights ENGIE’s focus on developing its portfolio of solar, wind and hybrid renewable projects, reinforcing its commitment to clean energy and strengthening its position in India’s sustainable energy landscape.

This certification by Veritas, provides a stringent framework for renewable energy projects to adhere to the highest standards of Environmental, Social, and Governance (ESG) excellence. ENGIE’s projects reflect biodiversity conservation efforts, including safeguarding vulnerable species and ecosystems near project sites, while promoting transparent accountability processes to strengthen partnerships with local communities. Through strategic ESG-driven operations, ENGIE ensures sustainable investments and operational efficiency across all phases of project execution.

“The SET certification reaffirms our mission to achieve growth while integrating responsibility at the core of our business,” said Amit Jain, CEO and Country Manager, ENGIE India. “Our projects not only deliver clean energy but also foster biodiversity protection, community empowerment, and innovation, shaping a sustainable and resilient energy future for India,” Mr. Jain added.

This certification reinforces ENGIE’s leadership in India’s renewable energy journey and its pivotal role in achieving the nation’s net-zero emissions targets. By aligning sustainability and innovation, ENGIE exemplifies how renewable energy initiatives can generate long-term value for stakeholders while ensuring an equitable energy transition.

With a steadfast focus on sustainability and pioneering clean energy solutions, ENGIE continues to set benchmarks in India’s renewable energy landscape, contributing meaningfully to a greener, more inclusive future.

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In Gujarat, this will be ENGIE’s third renewable project following the commissioning of a 200 MW solar project in Raghanesda in August 2021 and a 29.9 MW wind project in Tithva in 2019. The project is presently in the construction phase, with the Final Investment Decision (FID) already made. It is anticipated to be operational by the second quarter of 2024. This successful FID decision is a significant milestone for ENGIE and showcases our potential to accelerate the development of our renewable energy portfolio and achieve our global target of adding 4 GW of capacity per year by 2025, taking our global installed capacity to 50 GW. The FID decision is a crucial stage in the development of a project, marking the point at which a project sponsor or investor decides to commit funds to a particular project, and it’s the final stage of project development before construction or implementation begins.

Speaking on the achievement, Amit Jain, Managing Director, ENGIE India, remarked, “We are optimistic about many such future milestones of ENGIE. This award is a testament to ENGIE’s commitment to supporting India with its plan for energy transition and achieving its 500 GW clean energy goals by 2030. The transition towards sustainable energy sources is a crucial prerequisite for bringing about lasting change in consumption patterns, and ENGIE has emerged as a dynamic player in this field.”

It has been informed that ENGIE plans to further expand its energy storage capabilities and also aims to provide innovative energy solutions to its customers in India. It is committed to playing a leading role in India’s energy transition by collaborating with local partners and stakeholders to develop sustainable energy solutions. This includes working closely with the government, policymakers, and regulators to create an enabling environment for the growth of renewable energy in India.

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