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Jindal Renewables, OQAE Sign JDA for Large-Scale Renewable Projects in Oman

Jindal Renewables, part of the $25bn India-based Jindal Group, and OQ Alternative Energy (OQAE), the sultanate’s designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable energy assets in Oman.

The agreement was formally signed by Harsha Shetty, CEO of Jindal Oman, and Najla Zuhair al Jamali, CEO of OQ Alternative Energy, at a ceremony held in Muscat during Oman Sustainability Week.

This strategic partnership marks a significant milestone in supporting the goals of Oman Vision 2040, the national roadmap for economic diversification, sustainability, and green industrialization.

In a press statement, both companies expressed their deep gratitude to His Majesty Sultan Haitham bin Tarik for his visionary leadership in guiding Oman’s transition toward a knowledge-based, low-carbon economy. The partnership reaffirms their commitment to contributing meaningfully to His Majesty’s vision of a more sustainable and prosperous Oman.

Under the JDA, both companies will co-develop Integrated Energy Valleys (IEVs) – a flagship configuration pioneered by Jindal Renewables – to deliver 24×7 firm, dispatchable renewable power by combining solar, wind, and advanced energy storage technologies.

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