Tata Power to Invest Rs.1.2 Lakh Crore in Rajasthan
ECONOMY & POLICY

Tata Power to Invest Rs.1.2 Lakh Crore in Rajasthan

Tata Power has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to invest Rs.1.2 lakh crore over the next 10 years, aiming to transform the state into a power surplus region. The MoU was signed during the Rising Rajasthan Investor Meet in New Delhi, in the presence of Rajasthan Chief Minister Bhajan Lal Sharma.

This significant investment will prioritize renewable energy, with Rs.750 billion dedicated to developing 10,000 MW of renewable capacity. This includes 6,000 MW of solar and 4,000 MW of hybrid power, spanning key regions like Bikaner, Jaisalmer, Barmer, and Jodhpur. Tata Power also plans to invest Rs.20 billion in a 2,000 MW solar module manufacturing facility in Jodhpur and Rs100 billion to install 1 lakh electric vehicle (EV) charging points across the state.

Dr. Praveer Sinha, CEO & MD of Tata Power, emphasized the shared vision of building a low-carbon and resilient energy ecosystem in Rajasthan. The investment also includes Rs.200 billion for modernizing the state's distribution infrastructure and Rs100 billion for transmission systems.

Tata Power's initiative aligns with India’s goal of achieving 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070. These projects are set to create over 28,000 jobs in Rajasthan, reduce energy costs, and support local industries. Tata Power has already commissioned 1 GW of solar and 185 MW of wind projects in the state, reinforcing Rajasthan's position as a renewable energy hub.

The agreement also explores nuclear power development and rooftop solar installations for 10 lakh households under the PM Surya Ghar Yojana, further bolstering Rajasthan’s green energy leadership.

Tata Power has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to invest Rs.1.2 lakh crore over the next 10 years, aiming to transform the state into a power surplus region. The MoU was signed during the Rising Rajasthan Investor Meet in New Delhi, in the presence of Rajasthan Chief Minister Bhajan Lal Sharma. This significant investment will prioritize renewable energy, with Rs.750 billion dedicated to developing 10,000 MW of renewable capacity. This includes 6,000 MW of solar and 4,000 MW of hybrid power, spanning key regions like Bikaner, Jaisalmer, Barmer, and Jodhpur. Tata Power also plans to invest Rs.20 billion in a 2,000 MW solar module manufacturing facility in Jodhpur and Rs100 billion to install 1 lakh electric vehicle (EV) charging points across the state. Dr. Praveer Sinha, CEO & MD of Tata Power, emphasized the shared vision of building a low-carbon and resilient energy ecosystem in Rajasthan. The investment also includes Rs.200 billion for modernizing the state's distribution infrastructure and Rs100 billion for transmission systems. Tata Power's initiative aligns with India’s goal of achieving 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070. These projects are set to create over 28,000 jobs in Rajasthan, reduce energy costs, and support local industries. Tata Power has already commissioned 1 GW of solar and 185 MW of wind projects in the state, reinforcing Rajasthan's position as a renewable energy hub. The agreement also explores nuclear power development and rooftop solar installations for 10 lakh households under the PM Surya Ghar Yojana, further bolstering Rajasthan’s green energy leadership.

Next Story
Infrastructure Urban

Tata Communications Revives Nagan Thangal Lake in Tamil Nadu

Tata Communications, in partnership with Pitchandikulam Forest, has rejuvenated Nagan Thangal Lake in Upparapalayam village, Tamil Nadu, transforming the 15.01-acre site into a thriving ecological and community hub. Launched in 2022 under *Project Nanneer* (“good water” in Tamil), the initiative has improved water security, biodiversity, and community engagement, as per a recent study by the Watershed Organisation Trust Centre for Resilience Studies (W-CReS). Once a vital but neglected water source for 2,800 residents, the lake’s capacity had dropped by 75 per cent. Through land shaping..

Next Story
Infrastructure Urban

PTC Industries Wins GTRE Order for Single Crystal Turbine Blades

PTC Industries Limited, a leading manufacturer of high-performance materials and precision-engineered components for aerospace and defence, has received a Purchase Order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), for Post-Cast Operations to produce Single Crystal ‘Ready-to-Fit’ Turbine Blades. The announcement was made in the presence of Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath at the inauguration of PTC’s Titanium & Superalloys Materials Plant in Lucknow. This marks the first time an Indi..

Next Story
Technology

NCBA unveils East Africa’s first cloud-based corporate platform

Nairobi, 23 October 2025: NCBA Bank has launched Connect Plus, an advanced transaction banking platform powered by Intellect’s eMACH.ai Digital Transaction Banking solution, becoming the first bank in East Africa to adopt a cloud-based corporate banking system. The upgraded platform enhances transaction speed, payment flexibility, cash liquidity management, and integration with other financial platforms, offering a secure and intuitive experience for corporate clients. James Gossip, Managing Director, NCBA Kenya, said the launch aligns with Kenya’s Vision 2030 Digital Economy initiative,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?