State-owned hydro power giant NHPC has inked an initial pact to invest Rs 50,000 crore for developing renewable energy projects in the state. "NHPC Ltd. has signed a MoU with the government of Rajasthan on Sept. 30, 2024 for the development of pumped storage projects, renewable energy (solar/ floating solar/ wind) projects and battery energy storage system in the state of Rajasthan, with proposed estimated investment of Rs 50,000 crore (approx.)," a BSE filing said.
ADVERTISEMENT
The company said in a separate filing that the revised scheduled date for commissioning of the 300 MW Solar PV Project in Bikaner, Rajasthan is March 31, 2025.
ADVERTISEMENT
RECOMMENDED FOR YOU
Apraava Energy Secures Interstate Transmission Project In Rajasthan
Sep 24, 2024
Patel Engineering Is Lowest Bidder For Rs 240 Crore NHPC Project
Sep 20, 2024
JSW Energy Shares Hit Life High As Unit Commissions 300-MW Wind Power Capacity
Sep 16, 2024
Maharashtra Launches 3 KW Solar Project For Farmers
Sep 06, 2024
POPULAR
1
SEBI Board Meeting: Mutual Funds Lite, New Asset Class, T+0 Settlement, Faster Rights Issues—Key Highlights
2
NTPC Green Energy Inks Pact With Rajasthan For 25 GW Renewable Energy Project
3
PC Jeweller To Split Each Share Into 10, Raise Rs 646 Crore From Promoters
4
Andhra Cements Files Draft Papers To Raise Rs 180 Crore Via Rights Issue
5