Tata Power Signs MoU with Rajasthan Govt for ₹1.2 Lakh Cr Investment
Tata Power has signed a landmark Memorandum of Understanding (MoU) with the Government of Rajasthan during the Rising Rajasthan Investor Meet in New Delhi, outlining an investment plan of ₹1.2 lakh crore over the next 10 years. The plan aims to transform Rajasthan into a power surplus state by developing renewable energy projects, enhancing transmission and distribution networks, and expanding EV charging infrastructure. This initiative will play a key role in supporting India's clean energy transition and ensuring 24/7 affordable power supply in Rajasthan.
The MoU was signed in the presence of the Hon’ble Chief Minister of Rajasthan, Shri Bhajan Lal Sharma; Col Rajyavardhan Rathore, Hon’ble Minister for Industry & Commerce, Rajasthan and senior officials of the Government of Rajasthan, underscoring the state’s commitment to industrial growth and energy sustainability. 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.
Dr. Praveer Sinha, CEO & MD, Tata Power, said, “Our partnership with the Government of Rajasthan is a testament to our shared vision of building a low-carbon, resilient, and integrated energy ecosystem in the State. By using our experience across the entire power sector value chain, we aim to support Rajasthan’s energy goals and create economic opportunities for its people. We compliment the State Government’s visionary leadership in positioning Rajasthan as a future-ready, energy-efficient State that provides secure, reliable, and clean energy for all.”
