WeWork India of Embassy Group to develop 10 MWp solar power plant in Karnataka
WeWork India plans to invest ₹35 crore to develop a 10 MWp solar power plant in Karnataka to support its flexible workspace operations. The project aims to increase the company's renewable energy usage to 50% by FY27, moving toward a 100% renewable goal by 2028.
Why it matters
This reflects a growing trend of corporate investment in captive renewable energy infrastructure to achieve sustainability goals and hedge against long-term energy costs.
WeWork India Management Limited, a flexible workspace developer promoted by real estate developer Embassy Group, plans to develop a 10 MWp (DC) ground-mounted solar power plant in Karnataka with an investment of ₹35 crore. The location is yet to be identified.
Targeted for commissioning in FY27, the plant is expected to generate approximately 15–16 million units of clean electricity annually. Once operational, it is expected to increase the share of renewable electricity across WeWork India’s portfolio from close to 40% currently to approximately 50%, bringing the company closer to its 100% renewable electricity goal by 2028.
Nearly 80% of the plant’s output would support WeWork India’s operations, including 10 centres in Bengaluru. The remaining 20% of the plant’s output will be used for their future growth.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in