NGEL signs MoU with Rajasthan govt for development of 25 GW RE projects PSU Watch
News Updates

NGEL signs MoU with Rajasthan govt for development of 25 GW RE projects

NTPC Green Energy Limited (NGEL) has signed an MoU with the government of Rajasthan for the development of 25 GW of RE projects in the state

PSU Watch Bureau

New Delhi: On the occasion of Rising Rajasthan Investor Meet in New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with the government of Rajasthan on Monday for the development of 25 GW of Renewable Energy (RE) projects in the state, said a statement.

PSU Watch is now on Whatsapp Channels. Click here to join

“The MoU was exchanged between Shri KS Sundaram, Director (Projects), NGEL and Shri Alok, (IAS) ACS (Energy) in the presence of Hon’ble Chief Minister of Rajasthan. Senior officials from Government of Rajasthan and NGEL were also present on the occasion,” the statement added.

Rajasthan has pledged to put in place 57.71 GW of RE power generation capacity by 2030 at the recently-concluded RE-Invest 2024 in Gandhinagar. Rajasthan has a total of 24 GW of installed solar power capacity and 5 GW of wind power capacity. The state ranks second among all Indian states in terms of installed capacity of renewable energy, with a total of 28 GW.

With 320 clear sunny days in a year and a terrain covered mostly with deserts, Rajasthan has the largest solar power capacity installation in India.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Lok sabha clears tougher anti-paper leak law, hikes jail term to 10 years

BPCL's spot crude share went upto 69% in Q1 from 44% as West Asia conflict disrupted term supply

LPG under-recovery on cylinders narrowed to Rs 490 in July from Rs 680 in June: HPCL CMD

Ankit Chauhan (IPS) appointed Deputy Secretary in Ministry of Heavy Industries

Mohit Kumar Aggarwal (ITS) appointed Deputy Secretary in Petroleum Ministry