Mumbai, Nov. 12 -- The Kadapa project combines solar and wind generation at a single site, providing Laurus Labs with a more balanced renewable power supply across the day and through seasonal variations.

Oyster Renewable Energy Pvt Ltd is developing a 60.9 MW wind-solar hybrid power project in Andhra Pradesh's Kadapa district for Laurus Labs Ltd, a pharmaceutical manufacturer, under a captive power arrangement. The project, comprising 39.3 MWp of solar capacity and 21.6 MW of wind capacity, represents an investment of approximately Rs.3.72 billion.

The entire 39.3 MWp solar capacity has been commissioned and is supplying renewable power to Laurus Labs' operations. The solar component is expected to generate approximately 51.51 million units (MU) of electricity annually and avoid an estimated 35,571 tonnes of carbon dioxide emissions each year.

The remaining 21.6 MW of wind capacity is scheduled for commissioning by December 2026. Once fully operational, the hybrid project is expected to generate around 124 MU of electricity annually and reduce carbon emissions by an estimated 88,040 tonnes per year.

Commenting on the development, Siddharth Bhatia, Managing Director & CEO, Oyster Renewable Energy, said, "For energy-intensive manufacturers, renewable power is only useful if it is reliable. Pairing wind with solar is how we give customers like Laurus Labs clean power well beyond daylight hours. More C&I consumers across sectors such as pharmaceuticals, cement and steel are moving to hybrid renewable power for exactly this reason, and Kadapa shows how that model works at scale."

The project combines solar and wind generation at a single site, enabling a more balanced renewable power profile throughout the day and across seasons.

Satyanarayana Chava, Founder & CEO, Laurus Labs Ltd, stated, "Alongside expanding our renewable energy footprint, we remain focused on reducing energy intensity through process optimisation, improved utility performance and the adoption of energy-efficient technologies across our facilities. With additional solar and wind power arrangements, we aim to achieve around 50 per cent of our energy requirements from renewable sources by Q4 FY2027."

According to Oyster Renewable, the hybrid configuration is designed to provide a steadier supply of renewable electricity, helping industrial consumers reduce dependence on conventional power sources while advancing decarbonisation goals.

Published by HT Digital Content Services with permission from Infrastructure Today.