Adani, ReNew, JSW, others invest Rs 1.67 lakh cr in Raj

22 Apr 2021 CW Staff

Adani Green Energy, ReNew Power, JSW, and Greenco will set up renewable projects having a capacity of 34,000 MW, as per the proposals cleared by the BoI.

Cumulatively, projects of these four renewable energy companies add to investments of nearly Rs 1.64 lakh crore, while the other approved projects came from sectors like electronics, technical textile, engineering, healthcare, ceramics, among others.

The board has also cleared projects of Sahasara Semiconductors, Mewar Polytex, ASI Industries, Hemdha Medisources and Kanchan India.

It also cleared issues pertaining to projects of Kajaria Group in the Bathware Mfg and Ceramic Tiles, JCB in Earth Moving Machines, Saint-Gobain in the glass manufacturing sectors for the smooth operation of these projects. According to the government, a total investment of over Rs 3,200 crore is expected from these companies.

The Rajasthan government also introduced a tourism policy, and Rs 500 crore has been allocated in the budget for the Tourism Development Fund.

The BoI has been constituted under the Rajasthan Enterprises Single Window Enabling and Clearance Act. Through an amendment in the Act in 2020, the state government had provisioned the board for fast-tracking clearance of proposals related to customised packages under RIPS 2019.

According to the Rajasthan government, Saharsa Semiconductors will set up an assembling, testing, marking, and packaging unit to develop memory components. ASI Industries set up an engineered stone manufacturing unit which will be an export-oriented unit that will export 90% of the produce to Canada, the US, Europe, Australia, South Africa, New Zealand, and the Gulf.

Image Source

Also read: SECI invites bids to develop solar projects in Rajasthan

Also read: ReNew commissions 110 MW solar project in Rajasthan

The Board of Investment (BoI) in Rajasthan, chaired by Chief Minister Ashok Gehlot, has approved investments worth Rs 1.67 lakh crore. A majority of the amount will be spent in the renewable energy sector in the state, along with special incentive packages. Adani Green Energy, ReNew Power, JSW, and Greenco will set up renewable projects having a capacity of 34,000 MW, as per the proposals cleared by the BoI. Cumulatively, projects of these four renewable energy companies add to investments of nearly Rs 1.64 lakh crore, while the other approved projects came from sectors like electronics, technical textile, engineering, healthcare, ceramics, among others. The board has also cleared projects of Sahasara Semiconductors, Mewar Polytex, ASI Industries, Hemdha Medisources and Kanchan India. It also cleared issues pertaining to projects of Kajaria Group in the Bathware Mfg and Ceramic Tiles, JCB in Earth Moving Machines, Saint-Gobain in the glass manufacturing sectors for the smooth operation of these projects. According to the government, a total investment of over Rs 3,200 crore is expected from these companies. The Rajasthan government also introduced a tourism policy, and Rs 500 crore has been allocated in the budget for the Tourism Development Fund. The BoI has been constituted under the Rajasthan Enterprises Single Window Enabling and Clearance Act. Through an amendment in the Act in 2020, the state government had provisioned the board for fast-tracking clearance of proposals related to customised packages under RIPS 2019. According to the Rajasthan government, Saharsa Semiconductors will set up an assembling, testing, marking, and packaging unit to develop memory components. ASI Industries set up an engineered stone manufacturing unit which will be an export-oriented unit that will export 90% of the produce to Canada, the US, Europe, Australia, South Africa, New Zealand, and the Gulf. Image SourceAlso read: SECI invites bids to develop solar projects in Rajasthan Also read: ReNew commissions 110 MW solar project in Rajasthan

Infrastructure Urban

06 Apr 2026

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..

Infrastructure Energy

06 Apr 2026

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..

Real Estate

06 Apr 2026

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..