Datta Power Infra to Invest Rs 50 Billion in Renewable Energy Projects in Rajasthan
In a major move towards promoting renewable energy in India, Datta Power Infra has signed a memorandum of understanding (MoU) with the Rajasthan government. The agreement, finalized in Jaipur, will see an investment of Rs 50 billion in various renewable energy initiatives in the state.
Advancing Green Energy
This partnership between Datta Power Infra and the Rajasthan government marks a significant step forward in advancing the state’s green energy capabilities. The aim of this collaborative initiative is to establish a substantial renewable energy capacity of 1,000 MW through solar, wind, and hybrid power projects.
Renewable Energy Projects Across Six Districts
Under this MoU, Datta Power Infra plans to undertake renewable energy projects in several districts of Rajasthan, including Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh, and Jodhpur. This extensive geographical coverage will help maximize the potential of clean and sustainable energy in the state.
Generating Employment Opportunities
The investment from Datta Power Infra is not only focused on renewable energy infrastructure but also on creating employment opportunities. The development of these renewable energy projects is anticipated to generate jobs for approximately 500–750 people, addressing the pressing issue of unemployment and contributing to the state’s economic growth.
Commitment to India’s Renewable Energy Goals
Rajeev Kumar Bansal, CFO of Datta Power Infra, expressed the company’s commitment to driving sustainable growth in India. He stated, “With our investment of Rs 50 billion in Rajasthan’s wind, solar, and hybrid energy projects, we aim to drive sustainable growth while significantly contributing to India’s renewable energy goals.” This investment reinforces Datta Power Infra’s dedication to enhancing the renewable energy infrastructure in the country.
Supporting Rajasthan’s Clean Energy Hub
Furthermore, Datta Power Infra’s investment highlights their support for Rajasthan’s development as a prominent hub for clean energy. By establishing a significant renewable energy capacity in Rajasthan, the company aspires to position the state as a leader in clean and sustainable power generation. This will not only contribute to India’s green energy targets but also boost Rajasthan’s standing as an eco-friendly and progressive state.
With Datta Power Infra determined to make a significant impact in the renewable energy sector, the collaboration with the Rajasthan government is poised to pave the way for a greener and more sustainable future for the state. This investment holds great promise in terms of cleaner energy, employment generation, and economic development.
