Diversified group Eleven announced plans to invest over ₹4,700 crore to build a proposed renewable-led electricity distribution network across Gurugram and Nuh districts of Haryana. According to the company statement, the capital for the first phase is fully locked in, with the equity infused and the complete funding mix of equity and debt in place. This represents one of the largest private investments ever proposed in Haryana's power sector. The project aims to reduce reliance on imported fossil fuels and external shocks, offering long-term energy security for the region.
The company, Eleven Power Private Limited, has applied to the Haryana Electricity Regulatory Commission for a parallel distribution licence for the two districts. As reported by The Economic Times, the project is subject to the grant of the licence by the Commission. Under the parallel license proposal, the existing utility retains its network and its consumers, and only consumers who opt for the new supplier would move to it. This move aims to address infrastructure strain and unreliable power, a growing concern for residents and businesses in the region.
The proposed network will be powered predominantly by renewable energy and aims to provide uninterrupted power that will reduce dependence on diesel generator backup. According to the company statement, Nuh, among Haryana's most underserved districts, is included in the first phase of the rollout. The network is designed to be future-ready and world-class to serve citizens of Nuh and Gurugram for the long term. The introduction of competition, a model rarely seen in India, could force providers to improve service, reliability, and pricing, offering consumers much-needed choice for the first time.
Eleven Power Private Limited is the group's electricity distribution venture, with the proposed investment of over ₹4,700 crore to build a renewable-led, diesel-free distribution network. As reported by The Economic Times, the Eleven group is a diversified Indian business with presence across healthcare, financial services, technology and energy sectors. The group builds long-horizon institutions in essential, service-driven sectors, with Eleven Chairman Sunil Sachdeva also being the co-founder of Medanta, ranked India's number one hospital for six consecutive years.
