MoU4 Jan 2024, 03:31 am
Torrent Power Ltd. Signs MoU with Gujarat Government for Rs. 47350 Crore Investment in Solar and Hybrid Power Projects
AI Summary
Torrent Power Ltd. has entered into a Memorandum of Understanding (MoU) with the Department of Energy & Petrochemicals, Government of Gujarat for an investment of Rs. 47,350 crore in solar and hybrid power projects. The company will establish 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and associated infrastructure for a 7,000 MW solar project, as well as a green hydrogen/green ammonia production facility. This investment is part of the Investment Promotion Activity for the Vibrant Gujarat Global Summit 2024.,
Key Highlights
- Rs. 47,350 crore investment in solar and hybrid power projects
- Establishment of 3,450 MW of solar power projects and 1,045 MW of hybrid power projects
- Associated infrastructure for 7,000 MW solar project
- Green hydrogen/green ammonia production facility