Tata Power has announced a significant investment of ₹1.2 lakh crore in Rajasthan to advance renewable energy initiatives, including rooftop solar installations and electric vehicle (EV) charging infrastructure. This announcement was made by CEO and MD Praveer Sinha during the Rising Rajasthan Global Investment Summit on Monday.
Speaking at the event, Sinha highlighted the company's vision to transform Rajasthan into a power surplus state through a range of clean energy projects. This investment aligns with India’s larger objective of achieving net-zero carbon emissions by 2070 and supports Rajasthan’s ambition to emerge as the country’s next clean energy hub.
The comprehensive investment plan includes ₹75,000 crore for developing renewable energy projects such as solar, wind, and hybrid energy systems in key regions like Bikaner, Jaisalmer, and Jodhpur. Additionally, Tata Power aims to expand rooftop solar solutions, enhance transmission and distribution infrastructure, and establish a robust EV charging network across the state.
Tata Power estimates that these projects will generate 28,000 jobs while delivering reliable, clean, and affordable energy to the residents of Rajasthan. This is expected to further solidify the state's leadership in renewable energy.
Rajasthan already stands out as a renewable energy powerhouse, boasting over 18 GW of installed solar capacity—the highest in the country. Home to some of India’s largest solar parks, the state is well-equipped to support Tata Power’s ambitious clean energy initiatives.
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