Latest News | NHPC Commits Rs 50,000 Cr Investment to Develop RE Projects in Rajasthan

Get latest articles and stories on Latest News at LatestLY. 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.

New Delhi, Sep 30 (PTI) 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 September 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.

Also Read | Stock Market Holidays in October 2024: Know When Stock Market Will Remain Open and Closed for Trading on BSE and NSE.

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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now