Tata Power has signed an MoU with Rajasthan government, envisaging investment of Rs.1.2 lakh crore (trillion) over the next ten years in the state, spanning power T&D, renewables, nuclear energy and EV charging infrastructure.
The MoU was signed during ongoing “Rising Rajasthan” Investor Meet in New Delhi. This investment, spread over a 10-year plan period, will cover renewable energy projects and manufacturing, power transmission, power distribution, nuclear power, solar rooftop installations, and EV charging.
The MoU was signed in the presence of the Chief Minister of Rajasthan, Bhajan Lal Sharma; Col Rajyavardhan Rathore, Minister for Industry & Commerce, Rajasthan, and senior Rajasthan government officials.
Investment in the renewable energy sector will account for around Rs.75,000 crore of the total Rs.1.2 lakh crore. The MoU will have a transformative socio-economic impact, creating over 28,000 direct jobs in the state, Tata Power said.
Low-carbon ecosystem
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.”
Key pillars of the MoU
- 10,000 MW of renewable energy capacity (including 6,000 MW solar and 4,000 MW hybrid) to be developed across Bikaner, Jaisalmer, Barmer, and Jodhpur
- Advanced 2,000 MW solar module manufacturing facility with an investment of Rs.2,000 crore in Jodhpur, strengthening India’s domestic manufacturing capabilities
- Investment in State’s power transmission and distribution area to modernize the grid infrastructure, reduce energy losses, and improve power quality across the state with investments of nearly Rs.20,000 crore for distribution infrastructure and Rs.10,000 crore for transmission systems
- Exploring opportunities to develop Nuclear power plant
- Proposed Rs.1,000 crore investment in setting up 1 lakh EV charging points across Rajasthan
- Rooftop solar power for 10 lakh households to support the PM Surya Ghar Yojana
Tata Power’s Rajasthan footprint
Tata Power has successfully commissioned 1 GW of solar projects and 185 MW of wind projects, along with 130 MW of rooftop solar installations, in Rajasthan.
Tata Power’s Ajmer distribution operations (under TP Ajmer Distribution Ltd), serves over 1 lakh customers with reliable and efficient electricity supply. Tata Power also manages the 340-km Bikaner-Neemrana Transmission project to evacuate 7.7 GW of renewable power from the state.
In addition, Tata Power has several notable projects in Rajasthan, including a 225-MW hybrid project in Noorsar for Tata Power Mumbai Distribution, a 1-GW solar EPC project in Bikaner for SJVN, a 300-MW solar project in Nokhra for NTPC, a 150-MW solar EPC project in Pokhran for MSEDCL, and a 200-MW solar project in Bikaner for Tata Power Trading Company.
Also read: Tata Power begins production of solar cells at Tamil Nadu facility
