MoU30 Sept 2024, 09:44 pm
Tata Power to Invest Approx. Rs. 1.2 Lakh Crores in Rajasthan's Power Distribution, Transmission, and Renewables
AI Summary
Tata Power, one of India’s largest integrated power company, has signed a MoU with the Government of Rajasthan for an investment plan of approximately Rs. 1.2 Lakh Crores. This 10-year plan aims to support Rajasthan's transformation into a power surplus state, providing 24/7 clean, affordable, and reliable power supply with investments in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging. The MoU is expected to generate 28,000 jobs in the next 10 years.
Key Highlights
- Tata Power to invest approximately Rs. 1.2 Lakh Crores in Rajasthan's power sector.
- The investment will support Rajasthan's transformation into a power surplus state.
- The MoU aims to provide 24/7 clean, affordable, and reliable power supply.
- The investment will create 28,000 jobs in the next 10 years.
- The MoU covers a wide range of areas including renewable energy projects, transmission and distribution projects, nuclear power, rooftop installations, and EV charging.