Tata Power has entered a Memorandum of Understanding (MoU) with the Government of Rajasthan to invest ₹1.2 lakh crore in power infrastructure over the next 10 years. The deal aims to transform Rajasthan into a power surplus state with round-the-clock clean, affordable, and reliable energy. This ambitious investment focuses on renewable energy projects, manufacturing, transmission, distribution, nuclear energy, rooftop solar installations, and EV charging stations.
Key Investment Areas
The MoU outlines ₹75,000 crore for renewable energy projects, including the development of 10,000 MW capacity, with 6,000 MW from solar and 4,000 MW from hybrid sources across cities like Bikaner, Jaisalmer, Barmer, and Jodhpur. Tata Power will also establish a 2,000 MW solar module manufacturing plant in Jodhpur with a ₹2,000 crore investment. Additionally, ₹20,000 crore will be allocated for grid modernization and distribution, while ₹10,000 crore will be invested in transmission systems.
Clean Energy and Socio-Economic Growth
The agreement highlights plans for nuclear energy exploration and installing 1 lakh EV charging stations with a ₹1,000 crore investment. The rooftop solar initiative will cover 10 lakh households under the PM Surya Ghar Yojana, significantly contributing to India's renewable energy goals. Tata Power projects that this initiative will create over 28,000 jobs, boost local industries in solar manufacturing, and lower energy costs, positioning Rajasthan as a hub for green industrial investments.
With a history of successful renewable projects in Rajasthan, including 1 GW of solar and 185 MW of wind power, Tata Power is well-positioned to lead this transformation. The company's commitment to clean energy underscores its role in advancing India's green transition.
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