Archive · 20 Jul 2026
Eleven to Invest ₹4,700 Crore in Renewable-Led Power Network
Eleven, a big business group, is going to spend a lot of money (₹4,700 crore) to build a new electricity network in Gurugram and Nuh.
This network will use clean energy like solar and wind power.
The goal is to give people electricity that doesn't stop and doesn't need diesel generators.
The company has already got all the money it needs for the first part of the project.
They have asked the government for permission to start this new network.
If they get the permission, people in these areas can choose to use this new electricity network.
The leader of Eleven, Sunil Sachdeva, says they want to provide green power, reliable electricity, and choices for the people.
Eleven is also known for running Medanta hospital and has businesses in healthcare, money services, technology, and energy.
Eleven to invest over ₹4,700 crore in a renewable-led electricity distribution network in Gurugram and Nuh.
Project is one of the largest private investments in Haryana's power sector.
First phase capital is fully secured with equity and debt funding in place.
Network aims to provide uninterrupted power and reduce dependence on diesel generators.
Eleven Power has applied for a parallel distribution licence from the Haryana Electricity Regulatory Commission.
- Who
- Eleven, a diversified business group, led by Sunil Sachdeva
- What
- Investment of over ₹4,700 crore to build a renewable-led electricity distribution network
- When
- Project details announced on July 20, 2026
- Where
- Gurugram and Nuh districts in Haryana
- Why
- To provide uninterrupted, green power and offer consumers a choice in electricity suppliers
Proponents
Critics
Project Benefits
Proponents
The project will provide uninterrupted, renewable energy, reducing dependence on diesel generators and promoting green energy.
Critics
Critics may argue that the project could lead to higher electricity costs for consumers and potential job losses for existing utility workers.
- Investment Amount
- ₹4,700 crore
- Location
- Gurugram and Nuh districts, Haryana
- Project Lead
- Eleven Power (Eleven's power distribution arm)
- Energy Source
- Predominantly renewable energy
- Licence Status
- Application submitted to Haryana Electricity Regulatory Commission
- Project Phase
- First phase with capital fully locked in
- Company Background
- Diversified business group with presence in healthcare, financial services, technology, and energy
