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Mahindra Group to Invest Rs 11,000 Cr in Rajasthan Solar

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By Prasoon Srivastava, Jaipur   Dec 09, 2024 13:24

Mahindra Group's solar division commits Rs 11,000 crore investment in Rajasthan, adding 2.8 GW capacity and creating 5,000 jobs. Anand Mahindra announced the plans at the Rising Rajasthan Global Investment Summit.
Mahindra Group to Invest Rs 11,000 Cr in Rajasthan Solar
Jaipur, Dec 9 (PTI) Mahindra Group's solar division has committed to investing Rs 11,000 crore in Rajasthan, a top official of the group said.

While speaking at Rising Rajasthan Global Investment Summit, Mahindra Group Chairman Anand Mahindra said the company has set up 1.1 gigawatt solar capacity in Rajasthan.

"Our solar division has erected over 1.1 GW in Rajasthan and already committed investment of over Rs 11,000 crore to achieve an additional 2.8 GW capacity," Mahindra said.

He said Mahindra Group has created 5,000 direct employment in the state and plans to increase it significantly over the next five years.

"Club Mahindra has six properties in the state and plans to nearly double (it) in the coming years," Mahindra said.
Source: PTI
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