JK Paper Limited's Board of Directors has approved the establishment of a Hybrid Renewable Power Plant, combining solar and wind energy. This strategic initiative aims to bolster the company's commitment to green energy and sustainability by reducing reliance on coal-based power, achieving cost-effective energy, and mitigating price volatility. The project is anticipated to enhance long-term energy security and significantly contribute to JK Paper's sustainability objectives and carbon footprint reduction goals. The estimated cost for this Hybrid Power Project is approximately ₹500 crore, which will be funded through a combination of internal accruals and borrowings. The plant is projected to be commissioned by the third quarter of the financial year 2027-28. The board meeting commenced at 2:30 PM and concluded at 4:45 PM on February 5th, 2026.
