Business Standard

Wednesday, January 08, 2025 | 04:49 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Adani Enterprises signs JV agreement with Government of Rajasthan

Image

Capital Market

To set up 10,000 MW solar park

Adani Enterprises announced that the Adani Group has set a target of 10,000 MW of solar power by 2022 and has signed a joint venture agreement with the government of Rajasthan to set up a 10,000 MW solar park, which will emerge as the largest such integrated facility in India.

The joint venture known as Adani Renewable Energy Park Rajasthan, will have a 50:50 equity partnership between the Rajasthan government and Adani Renewable Energy Park, a subsidiary of Adani Enterprises.

The proposed park is expected to attract investments over Rs 60000 crore and it will include genergation projects and a massive manufacturing unit for solar module, parts and equipment. Adani itself plans to generate 5000 MW in the solar park. The proposed park will create huge direct and indirect employment opportunity.

 

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 15 2015 | 7:53 PM IST

Explore News