25 Nov 2024
Datta Power Infra recently said that it has entered into a preliminary agreement with the Rajasthan government to invest approximately Rs 5,000 crore in the renewable energy sector. The company stated that the Memorandum of Understanding (MoU) was signed by its representatives and state government officials in Jaipur.
Datta Power Infra plans to establish 1,000 MW of renewable energy capacity, including solar, wind, and hybrid projects. These projects, spread across the districts of Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh, and Jodhpur, are expected to generate employment for 500-750 individuals, the company added.
Datta Power Infra CFO Rajeev Kumar Bansal said, "As we embark on our transformative journey with an investment of Rs 5,000 crore in Rajasthan's wind, solar, and wind-solar hybrid projects, we are setting the stage for sustainable growth and making a substantial contribution to India's renewable energy capacity."
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