Project Award Overview
The Energy Solutions Business of Godrej Enterprises Group (GEG) has been awarded a turnkey contract for the development of a 98 MWp (DC) solar power project in Sirsa, Haryana. The facility, which has a grid export capacity of 70 MW AC, was commissioned by Hexa Climate Solutions, an Independent Power Producer (IPP) platform backed by I Squared Capital. Configured as an open-access plant, the project is designed to facilitate the direct procurement of renewable energy for Commercial and Industrial (C&I) consumers, marking a significant expansion of the state’s decentralized power infrastructure.
Technical Specifications and Strategic Execution
Godrej Energy Solutions will provide comprehensive turnkey execution, integrating high-efficiency components designed to optimize yield in high-ambient temperature environments typical of the Sirsa region.
- Bifacial TOPCon Modules: The project utilizes Tunnel Oxide Passivated Contact (TOPCon) technology, selected for its superior efficiency and better temperature coefficient compared to traditional PERC modules, ensuring stabilized performance during peak thermal conditions.
- String Inverters: The implementation of string inverters allows for granular performance tracking and higher system availability through modular reliability.
- Smart-Monitoring Systems: Real-time data integration via smart monitoring will be employed to optimize generation efficiency and predictive maintenance schedules.
The turnkey model is particularly strategic in Haryana, where the captive verification process remains complex. Leveraging Godrej’s established expertise allows the developer to mitigate risks associated with the often non-streamlined DISCOM approval processes noted by industry analysts.
Regulatory Synthesis and Market Drivers
The project’s viability is underpinned by significant regulatory tailwinds from the Haryana Electricity Regulatory Commission (HERC). For FY25, HERC optimized the open-access landscape by reducing cross-subsidy, transmission, and wheeling charges for C&I consumers by 1.6%, 19.5%, and 29.1%, respectively.
According to the DHBVN Sales Circular (D-04/2025), technical journalists and developers should note the following absolute cost structures for HT supply:
- Cross Subsidy Surcharge (CSS): ₹1.41/kWh.
- Additional Surcharge: ₹1.15/kWh.
- Wheeling Charges: ₹0.66/kWh.
- Transmission Charges: 39 Paise/kWh.
Furthermore, a recent HERC amendment is viewed as a sector catalyst, allowing consumers with a combined contracted demand of 100 kW or more—aggregated across multiple connections within the same electricity operation division—to qualify for green energy open access. This lowering of the threshold significantly expands the addressable market to mid-sized C&I entities.
Environmental and Socio-Economic Metrics
The execution of the Sirsa plant is quantified by high-impact sustainability and regional development metrics:
- Annual Energy Yield: Approximately 1,470 lakh (147 million) kWh of clean electricity.
- Decarbonization Impact: An estimated annual reduction of over 75,000 tonnes of CO_2 emissions.
- Regional Economic Integration: The project’s execution phase involves local infrastructure subcontracting and labor sourcing, consistent with regional development mandates and industrial infrastructure strengthening.
Strategic Context and Leadership Perspectives
This project represents Godrej’s largest solar order by capacity to date and stands as the largest open-access solar installation in Haryana.
Raghavendra Mirji, Executive Vice-President & Business Head, Energy Solutions at Godrej Enterprises, stated: “This project is a proud milestone for us and reinforces our role in India’s renewable energy transition. By developing Haryana’s largest open-access solar installation, we are furthering that legacy while helping industries move towards cleaner and more reliable energy.”
Client Profile: Hexa Climate Solutions
The developer, Hexa Climate Solutions, is a net-zero focused IPP platform led by Sanjeev Aggarwal. Aggarwal brings deep regional expertise to the project, having previously founded Amplus Energy Solutions (later acquired by Petronas/Gentari), which pioneered open-access solar in Haryana. Hexa is supported by a USD 500 million investment commitment from I Squared Capital, a global infrastructure manager with over USD 45 billion in assets under management.
Corporate Profile: Godrej Enterprises Group (GEG)
Following the April 2024 corporate restructuring that divided the 127-year-old conglomerate, Godrej Enterprises Group (GEG) emerged as an independent entity overseeing Godrej & Boyce and its diverse affiliates. Under the leadership of Jamshyd Godrej (Chairperson and Managing Director) and Nyrika Holkar (Executive Director), GEG operates across 60 countries. The group’s portfolio includes high-technology sectors such as aerospace, defense, and energy, with a focused strategic pivot toward large-scale decarbonization and infrastructure EPC.
Project Vital Statistics
| Metric | Details |
| Capacity | 98 MWp (DC) / 70 MW AC (Grid) |
| Location | Sirsa, Haryana |
| Project Type | Open-Access Solar Power Plant |
| Developer | Hexa Climate Solutions |
| Investment Backing | I Squared Capital (USD 500M platform commitment) |
| Annual Yield | 1,470 lakh kWh (147 million kWh) |
| Core Technology | Bifacial TOPCon Modules & String Inverters |
| EPC Execution | Godrej Energy Solutions (Turnkey) |

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