Tata Power to invest $14.3 billion in Rajasthan over next 10 years
By MYBRANDBOOK
Tata Power has inked an agreement with the Rajasthan government for investment of Rs 1.2 trillion, including Rs. 75,000 crore in green energy, in the state's power sector. The 10-year plan aims to support Rajasthan's transformation into a power surplus state, providing 24/7 clean, affordable, and reliable power supply. The MoU was signed during the 'Rising Rajasthan' Investor Meet in New Delhi on Monday.
An amount of Rs 20,000 crore will be invested in the state transmission and distribution area to modernize the grid infrastructure, reduce energy losses, and improve power quality across the state. Besides, Rs 10,000 crore will be invested for transmission systems exploring opportunities to develop nuclear power plant.
Investments will be made in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging, a company statement said.
The MoU will have a transformative socio-economic impact, creating over 28,000 direct jobs in the state. Tata Power already has a significant footprint in Rajasthan, with a robust portfolio of energy projects. The company has commissioned 1 GW of solar projects and 185 MW of wind projects in the state, along with 130 MW of rooftop solar installations.
An investment of Rs 1,000 crore has been earmarked for setting up 1 lakh EV charging points across Rajasthan. Rooftop solar power for 10 lakh households will support the PM Surya Ghar Yojana.
BREAKING NEWS
TECHNO TRENDS
5,000 sophisticated fake Microsoft emails discovered targeting
Scammers posing as Microsoft employees or affiliated vendors and tricking...
John Hopfield, Geoffrey Hinton named recipients of Nobel Prize
John Hopfield and Geoffrey Hinton have been awarded the Nobel Prize in p...
NetApp positions Ganesan Arumugam as Senior Director for APAC
NetApp has announced the appointment of Ganesan Arumugam as its Senior D...
E2E Networks ties up with People+ai to unlock access to comput
E2E Networks is collaborating with People+ai to address the massive need...
E-Magazine
TECHNOTAINMENT
Shooter game FAU-G: Domination surpasses 1 Mn pre-registration
India’s homegrown multiplayer action game FAU-G: Domination has surpassed
Get Amazon Prime Benefits with Airtel Digital TV
Airtel Digital TV has joined hands with Amazon Prime to offer live TV an
MOVERS & SHAKERS
Akriti Chopra, co-founder & CPO Zomato resigns
Online food delivery platform Zomato Ltd announced the resignation of it
OpenAI Loses Key Executive: Mira Murati Steps Down
OpenAI, the artificial intelligence research laboratory, has experienced
OPEN YOUR EYES
INTERVIEWS
Alpha Max offers high end solutions in the network space to en
The vision at Alpha Max is to attain quality as the trademark and create a
In India, 88% of Indian business leaders are planning to inves
As we move through 2024, it has become increasingly clear that AI is not ju
HOT PICK
D-Link Launches New DMS-1250 Series Smart Switches
D-Link Corporation (TWSE: 2332), a global leader in networking solutions,
Infinix Zero Flip: The Largest Cover Screen Foldable
Infinix is gearing up to launch its first-ever flip smartphone, the much-
MAKE IN INDIA BRANDS
ALPHAMAX TECHNOLOGIES PVT. LTD.
DIGISOL SYSTEMS LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
TATA CONSULTANCY SERVICES
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SANJAY NAYAR
Sanjay Nayar is a senior finance professional in the Indian private in...
Icons Of India : Anil Kumar Lahoti
Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TR...
Icons Of India : Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla recently made a comeb...
PARTNER SPEAKERS
PSU
PFC - Power Finance Corporation Ltd
PFC is a leading financial institution in India specializing in power ...
C-DOT - Center of Development of Telematics
India’s premier research and development center focused on telecommu...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - AJAY BANGA, President - World Bank
Ajay Banga is an Indian-born American business executive who currently...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
Indian Tech Talent Excelling The Tech World - Shantanu Narayen, CEO- Adobe Systems Incorporated
Shantanu Narayen, CEO of Adobe Systems Incorporated, is renowned for h...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
