ENGIE, a global leader in low-carbon energy and services, has achieved financial closure for its 250 MW Khaba Solar Project in Barmer, Rajasthan, marking a significant milestone in the company’s efforts to support India’s clean energy transition.
The Khaba Solar Project is being developed through Khaba Renewable Energy Private Limited, a wholly owned subsidiary of ENGIE.
Once commissioned, the Khaba Solar Project is expected to generate approximately 650 GWh of clean electricity annually while helping avoid nearly 180 kilo tonnes of CO₂ emissions every year.
The project is also expected to create local employment opportunities during the construction phase and contribute to regional economic development in Rajasthan.
According to ENGIE, around 80% of the employment opportunities generated during the construction of the Khaba Solar Project are expected to benefit people from local communities, reflecting the company’s approach of promoting inclusive development alongside renewable energy expansion.
The Khaba Solar Project has secured financing from leading global financial institutions, highlighting continued confidence in ENGIE’s project execution capabilities as well as India’s rapidly growing renewable energy sector.
The financial closure enables the project to move into its next phase of development, with construction expected to be completed by Q3 2026.
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Amit Jain, CEO & Country Manager India, Managing Director Renewables & Batteries SEA, ENGIE, said: “The next phase of India’s energy transition will be defined by the ability to translate ambitious targets into high quality infrastructure at scale. The financial closure of the Khaba Solar Project marks another important step in that journey and reflects ENGIE’s confidence in India’s long term renewable energy growth story.
We remain focused on delivering projects that combine execution excellence with operational reliability, while creating long term value for customers, local communities and the broader energy ecosystem. Every project we deliver strengthens the foundation for a cleaner, more resilient and energy secure future.”
The Khaba Solar Project further strengthens ENGIE’s expanding renewable energy portfolio in India.
The company continues to grow its presence across solar, wind, battery storage and integrated renewable energy solutions, reinforcing its long-term commitment to supporting India’s transition towards a cleaner, more resilient and sustainable energy future.
Through continued investments, strong project execution and long-term partnerships, ENGIE aims to contribute to India’s renewable energy ambitions while delivering reliable clean energy infrastructure.
The successful financial closure of the Khaba Solar Project represents another important milestone in advancing sustainable energy development in the country.
