NHPC to Invest Rs 50,000 cr in Rajasthan RE Projects

Sep 30, 2024 21:04

NHPC has committed Rs 50,000 crore to develop renewable energy projects in Rajasthan, including pumped storage, solar, and wind power.

New Delhi, Sep 30 (PTI) State-owned hydro power giant NHPC has inked an initial pact to invest Rs 50,000 crore for developing renewable energy projects in the state.

"NHPC Ltd has signed a MoU with the government of Rajasthan on September 30, 2024 for the development of pumped storage projects, renewable energy (solar/ floating solar/ wind) projects and battery energy storage system in the state of Rajasthan, with proposed estimated investment of Rs 50,000 crore (approx.)," a BSE filing said.

The company said in a separate filing that the revised scheduled date for commissioning of the 300 MW Solar PV Project in Bikaner, Rajasthan is March 31, 2025.

Source: PTI

MORE NEWS

Punjab Seeks Korean Investment: Mann Visits Seoul

Punjab CM Mann urges Korean investment in Seoul, highlighting industry-friendly...

India-EU FTA Talks with Goyal: Key Issues &...

EU team meets Piyush Goyal to discuss India-EU Free Trade Agreement. Focus on steel,...

AI/ML in Power Distribution: Manohar Lal Keynote

Manohar Lal highlights AI/ML role in power distribution at national conference. Focus...

UIDAI Aadhaar Verification: New Rules & App

UIDAI to mandate registration for Aadhaar verification. New app & rules discourage...

Gold Price Outlook: Fed Decision & Rupee Impact

Gold prices to watch Fed meeting, rupee movement. Analysts predict potential gains amid...

Paint Makers Expect Q3 Uptick, Margin Improvement

Paint makers anticipate sales & volume growth in Q3 with improved margins due to benign...

Urban Vault Leases to Japanese Firms in Bengaluru

Urban Vault leases 21,000 sq ft office space in Bengaluru to Nachi, Pioneer, & Komatsu....

Dwarka Expressway Housing Prices Surge 3.5x in...

Dwarka Expressway property prices jumped 3.5 times in 5 years! Report by Square Yards...

Govt to Convert 40 GW Renewable Energy to FDRE:...

Suzlon expects the government to convert 40 GW of uncontracted renewable energy to...

Ola Electric Delivers 4680 Bharat Cell EVs

Ola Electric starts mass deliveries of 4680 Bharat Cell powered S1 Pro+ scooters....

NHPC to Invest Rs 50,000 cr in Rajasthan RE Projects

You May Like To Read

MORE NEWS