Boosting solar, wind, EV infrastructure, along with substantial employment, Tata Power plans a ₹1.2 trillion investment in Rajasthan’s renewable energy.
Tata Power has revealed plans to invest ₹1.2 trillion in Rajasthan across various renewable energy initiatives, including rooftop solar installations and the development of electric vehicle (EV) charging infrastructure. This investment is part of the company’s broader strategy to enhance the state’s clean energy capabilities.
The major portion of this investment—₹750 billion—will fund solar, wind, and hybrid renewable energy projects in regions such as Bikaner, Jaisalmer, and Jodhpur. Additionally, Tata Power’s plans include enhancing transmission and distribution infrastructure and expanding rooftop solar systems and EV charging stations.
This investment is also expected to create around 28,000 job opportunities and boost the continuity and affordability of power available to the people of Rajasthan.
Praveer Sinha, CEO and Managing Director of Tata Power, discussed the investment during the Rising Rajasthan Global Investment Summit. He emphasised that these efforts aim to transform Rajasthan into a power-surplus state, aligning with the country’s commitment to achieving net-zero carbon emissions by 2070.
Rajasthan is already home to the largest solar parks in India, which includes the Bhadla solar park in Jodhpur, covering an area of 14,000 acres. With a solar capacity exceeding 18 GW, the state is on track to play a pivotal role in achieving India’s target of 500 GW of renewable energy capacity by 2047.
Currently, Tata Power has over 1,000 MW of solar and 185 MW of wind energy installations in the state.
As part of its ‘Ghar Ghar Solar’ initiative, Tata Power aims to install rooftop solar systems in 1 million households across Rajasthan, targeting 50,000 monthly installations.