The investment will be made for setting up solar, wind and hybrid projects of 60 GW capacity in the western districts of the state.
Nov 04, 2024
The Rajasthan government in the presence of Chief Minister Bhajanlal Sharma and Investment Minister of UAE Mohammad Hassan Al Suwaidi has signed an INR 3 lakh crore initial agreement with the United Arab Emirates for investment in the field of renewable energy in the state. This investment will be made for setting up solar, wind and hybrid projects of 60 GW capacity in the western districts of the state.
Watch: RR Kabel | Solar Cables | Solar Plant | Renewable Energy
Chief Minister Sharma said that the central government has set an ambitious target of producing 500 GW of solar energy in the country.
The partnership between Rajasthan & UAE will be a significant step in achieving the ambitious 500 GW of solar energy in the country. To achieve this target, Rajasthan will have to install 250 GW of solar plants.
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Mr. Sharma highlighted the fact that the state government has signed other MoUs worth INR 2.24 lakh crore with public sector undertakings. MoUs have been signed to set up 32,000 MW plants in a tenure of about 10 months.
