Tata Power has recently informed exchanges that the company signed a Memorandum of Understanding (MoU) with the Government of Rajasthan at the Rising Rajasthan Investor Meet in New Delhi.
The agreement includes an investment plan of around ₹1.2 lakh crore. This ambitious 10-year plan aims to help Rajasthan become a power surplus state by investing in renewable energy projects, manufacturing, transmission, distribution, nuclear power, rooftop installations and EV charging. The MoU will put Rajasthan at the heart of the country’s renewable energy transition, significantly contributing to India’s energy goals.
The MoU was signed in the presence of Rajasthan’s Chief Minister, Shri Bhajan Lal Sharma, Minister for Industry & Commerce, Col Rajyavardhan Rathore and senior officials of the Government of Rajasthan, highlighting the state’s dedication to industrial growth and energy sustainability.
In the exchange filing, the company also shared, “This agreement involves comprehensive investment across the power value chain, from generation to transmission and distribution (T&D) reforms, as well as cutting-edge renewable energy projects across the state, including solar, wind, hybrid, and battery energy storage systems (BESS) including rooftop solar and EV Charging.”
