Rajasthan, SCCL Ink ?22,000 Cr Energy Deal
POWER & RENEWABLE ENERGY

Rajasthan, SCCL Ink ?22,000 Cr Energy Deal

In a major push towards energy expansion, the Rajasthan government has signed a Memorandum of Understanding (MoU) with Singareni Collieries Company Limited (SCCL) to develop large-scale thermal and renewable energy projects. The move is expected to boost Rajasthan’s position as a key energy hub while attracting significant investments.

Chief Minister Bhajan Lal Sharma, speaking at the MoU signing event, highlighted the state’s commitment to power generation and transmission under the leadership of Prime Minister Narendra Modi. He reiterated Rajasthan’s potential in solar energy and its vision to become self-reliant in power production.

As part of the agreement, a 1,600 MW thermal power project will be set up in Telangana, with Rajasthan and Telangana receiving 800 MW each. Additionally, Rajasthan will develop a 1,500 MW solar park, bringing in an investment of Rs 60 billion and generating employment opportunities. The total investment across these projects is pegged at Rs 220 billion.

A key initiative of the Rajasthan government is to ensure daytime electricity supply for farmers by 2027, which will be achieved through strategic policies and rapid project implementation.

The state has set ambitious targets under its Clean Energy Policy-2024, aiming to generate 125 GW of solar power by 2030. It is also on track to exceed 54,000 MW of total power capacity from conventional and renewable sources by 2031-32.

Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka praised Rajasthan’s leadership in solar energy and called the MoU a “game-changer” in boosting both thermal power efficiency and renewable production. Rajasthan’s Energy Department, led by Minister of State for Energy Hiralal Nagar, will coordinate closely with Telangana to ensure smooth execution.

The MoU signing follows the Rising Rajasthan Global Investment Summit, where investment deals worth ?2.28 lakh crore were secured, including a Rs 100 billion agreement between Power Grid Corporation and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL).

The event was attended by Additional Chief Secretary (Energy) Alok, Principal Secretary (Energy) Sandeep Kumar Sultania, RVUNL CMD Devendra Shringi, and SCCL CMD N. Balaram, among other senior officials.

With these developments, Rajasthan is set to play a pivotal role in shaping India’s energy future, reinforcing its commitment to sustainability, self-sufficiency, and economic growth.

In a major push towards energy expansion, the Rajasthan government has signed a Memorandum of Understanding (MoU) with Singareni Collieries Company Limited (SCCL) to develop large-scale thermal and renewable energy projects. The move is expected to boost Rajasthan’s position as a key energy hub while attracting significant investments. Chief Minister Bhajan Lal Sharma, speaking at the MoU signing event, highlighted the state’s commitment to power generation and transmission under the leadership of Prime Minister Narendra Modi. He reiterated Rajasthan’s potential in solar energy and its vision to become self-reliant in power production. As part of the agreement, a 1,600 MW thermal power project will be set up in Telangana, with Rajasthan and Telangana receiving 800 MW each. Additionally, Rajasthan will develop a 1,500 MW solar park, bringing in an investment of Rs 60 billion and generating employment opportunities. The total investment across these projects is pegged at Rs 220 billion. A key initiative of the Rajasthan government is to ensure daytime electricity supply for farmers by 2027, which will be achieved through strategic policies and rapid project implementation. The state has set ambitious targets under its Clean Energy Policy-2024, aiming to generate 125 GW of solar power by 2030. It is also on track to exceed 54,000 MW of total power capacity from conventional and renewable sources by 2031-32. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka praised Rajasthan’s leadership in solar energy and called the MoU a “game-changer” in boosting both thermal power efficiency and renewable production. Rajasthan’s Energy Department, led by Minister of State for Energy Hiralal Nagar, will coordinate closely with Telangana to ensure smooth execution. The MoU signing follows the Rising Rajasthan Global Investment Summit, where investment deals worth ?2.28 lakh crore were secured, including a Rs 100 billion agreement between Power Grid Corporation and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL). The event was attended by Additional Chief Secretary (Energy) Alok, Principal Secretary (Energy) Sandeep Kumar Sultania, RVUNL CMD Devendra Shringi, and SCCL CMD N. Balaram, among other senior officials. With these developments, Rajasthan is set to play a pivotal role in shaping India’s energy future, reinforcing its commitment to sustainability, self-sufficiency, and economic growth.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement